latest news releases from the newsroom
Keller Rohrback L.L.P.
Keller Rohrback L.L.P. Announces Investigation of Principal Funds Regarding Financial Losses Suffered by Investors
SEATTLE, July 15, 2009 (GLOBE NEWSWIRE) -- Attorney Advertising. Keller Rohrback L.L.P. (www.krclassaction.com) today announced that it is investigating Principal Global Investors, LLC and Principal Funds, Inc. (collectively, "Principal") regarding losses to certain Principal mutual funds, including Prinicpal's LifeTime funds. Our investigation focuses on misrepresentations, mismanagement, and/or excessive fees related to these funds.
Ambassadors Group, Inc
Class Action Filed Against Ambassadors Group, Inc.
SPOKANE, Wash., July 15, 2009 (GLOBE NEWSWIRE) -- Ambassadors Group, Inc. (Nasdaq:EPAX) ("Company"), a leading provider of educational travel experiences, announced today that a securities class action has been filed against the Company and certain executive officers of the Company on behalf of all persons or entities who purchased the Company's common stock between February 8, 2007 and October 23, 2007. The class action was filed in the United States District Court for the Eastern District of Washington. The complaint alleges that the defendants violated federal securities laws by making untrue statements of material fact and/or omitting to state material facts, thereby artificially inflating the price of the Company's common stock. Although the Company has not yet been served, the Company has reviewed the complaint and denies the allegations contained therein. The Company intends to vigorously defend this lawsuit and any alleged claims for damages.
Liquor Group Wholesale, Inc.
Liquor Group Wholesale Finishes 27th Consecutive Profitable Period
JACKSONVILLE, Fla., July 15, 2009 (GLOBE NEWSWIRE) -- Liquor Group Wholesale (OTCBB:LIQR) posted its Fiscal 3rd Quarter results today, documenting twenty-seven periods of consecutive accrued profitability. LIQR posted a modest Basic EPS prior to distributing shares of common stock for both 2008 & 2009 Employee/Vendor/Supplier Stock-sharing plan disbursements and implementation of its annual compensation plan for Officers and Directors. Additionally, the company paid down several supplier balances early to accrue substantial discounts, taking advantage of "cash on hand" rather than leaving it stagnant, and it expended legal and administrative costs associated with preparing for distributor acquisitions, laying the groundwork for consolidation which should continue to benefit the company and shareholders over the long term as acquisitions are announced.
SB Financial Group
Rurban Financial Corp. Reports a Parallel 2009 Second Quarter
DEFIANCE, Ohio, July 15, 2009 (GLOBE NEWSWIRE) -- Rurban Financial Corp. (Nasdaq:RBNF), a leading provider of full-service community banking, investment management, trust services and bank data and item processing, reported second quarter 2009 earnings of $1.00 million, or $0.20 per diluted share, compared to the $1.36 million, or $0.28 per diluted share, reported in second quarter 2008. Core operating earnings were essentially even at $1.29 million excluding one-time items recorded during the quarter. These one-time pre-tax charges include increased loan loss reserve building of $500 thousand, a special FDIC insurance assessment of $300 thousand and $190 thousand in professional fees associated with the planned spin-off of RDSI Banking Systems and merger of RDSI with New Core Holdings, Inc. d/b/a New Core Banking Systems ("New Core"). Partially off-setting the one-time charges were a $424 thousand gain on the sale of securities taken as part of a portfolio restructuring and recognition of $125 thousand recapture of the valuation allowance in Originated Mortgage Servicing Rights (OMSR's) due to the rise in mortgage rates.
SB Financial Group
Rurban Financial Corp. Announces Shareholder Dividend
DEFIANCE, Ohio, July 15, 2009 (GLOBE NEWSWIRE) -- Rurban Financial Corp. (Nasdaq:RBNF), a leading provider of full-service community banking, investment management, trust services and bank data and item processing, announced their quarterly shareholder dividend will be $0.09 per share. The dividend is payable on August 21, 2009 to all shareholders of record on August 7, 2009.
A Season in History -- New Novel Relives a Tumultuous Period of Korean History
SOUTH RIDING, Va., July 15, 2009 (GLOBE NEWSWIRE) -- In the town of Anak lives a prominent North Korean family in 1945. Events unfold through the eyes of Mira, who experiences Japan's occupation and subsequent surrender to the US forces. A moving description of one nation's joyous exoneration, at the moment of liberation a generation ago is vividly portrayed by A Season in History.
International Star, Inc.
International Star Announces Latest Assay Results
SHREVEPORT, La., July 15, 2009 (GLOBE NEWSWIRE) -- International Star, Inc. (I-Star) (OTCBB:ILST) announced today that it has received encouraging results from rock chip and soil geochemistry samples taken from its Black Mountain, Arizona, property. Rock sample grades of up to 7.17 grams per metric ton (gpmt) gold and 712.0 gpmt silver confirm the presence of gold and silver rich zones of mineralization along trends containing historically mined deposits. These assays also show improved results in copper and molybdenum values from I-Star's 2008 sampling. I-Star did not have samples assayed for gold during 2008.
First Advantage Bancorp
First Advantage Bancorp Announces Quarterly Cash Dividend
CLARKSVILLE, Tenn., July 15, 2009 (GLOBE NEWSWIRE) -- First Advantage Bancorp (the "Company") (Nasdaq:FABK), today announced that its Board of Directors has declared a quarterly cash dividend of $0.05 per outstanding share of common stock. The dividend will be paid on or about August 14, 2009 to stockholders of record as of the close of business on July 29, 2009.