latest news releases from the newsroom
Kratos Defense & Security Solutions, Inc.
WFI Announces Lawsuit Against Former Stock Option Administrator
SAN DIEGO, May 3, 2007 (PRIME NEWSWIRE) -- WFI (Nasdaq:WFII) announced today that it has filed a lawsuit against a former employee, who previously served as its stock option administrator and left the Company in mid-2004, and his spouse. The lawsuit seeks to recover damages resulting from an apparent theft by the former employee of WFI stock options and common stock valued in excess of $7 million. The alleged thefts, which appear to have taken place during 2002 and 2003, were discovered through the Company's ongoing review of its past practices related to the granting and pricing of employee stock options with the assistance of its outside counsel and forensic computer consultants. The complaint also alleges that the former employee attempted to cover up the scheme by, among other things, deleting entries from the Company's records. WFI reported this discovery to the U.S. Securities and Exchange Commission (SEC), which has filed a federal lawsuit and application for a temporary restraining order and asset freeze against the former employee and his spouse. WFI is cooperating with the SEC on this matter.
The Cooper Companies, Inc.
The Cooper Companies to Present At Baird's 2007 Growth Stock Conference in Chicago
LAKE FOREST, Calif., May 3, 2007 (PRIME NEWSWIRE) -- The Cooper Companies, Inc. (NYSE:COO), today announced that A. Thomas Bender, Chairman and Chief Executive Officer, will be presenting at Baird's 2007 Growth Stock Conference, Wednesday, May 9th at 3:40 pm. The conference will be held at The Four Seasons Hotel in Chicago.
Eagle Bulk Shipping Inc.
Eagle Bulk Shipping Inc. to Present At Bear Stearns 2007 Global Transportation Conference
NEW YORK, May 3, 2007 (PRIME NEWSWIRE) -- Eagle Bulk Shipping Inc. (Nasdaq:EGLE), a global marine transportation company specializing in the Supramax segment of the dry-bulk shipping industry, announced today that the Company's Chairman and Chief Executive Officer, Sophocles M. Zoullas, will present at the Bear Stearns 2007 Global Transportation Conference on Wednesday, May 9th at 8:00 AM. The Conference is being held at the Bear Stearns World Headquarters in New York, located at 383 Madison Avenue.
STEC to Webcast Conference Call Discussing First Quarter 2007 Results
SANTA ANA, Calif., May 3, 2007 (PRIME NEWSWIRE) -- STEC, Inc. (Nasdaq:STEC) today scheduled its earnings release and an open web cast conference call to discuss its results for the first quarter ended March 31, 2007. A news release discussing the company's performance during this quarter will be issued just after the market close on May 14, 2007. The web cast conference call will take place that same day at approximately 1:30 p.m., Pacific/4:30 p.m., Eastern.