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Refco Litigation Trusts
Lawsuits Filed Against Thomas H. Lee Partners, Grant Thornton, and Former Refco Directors On Behalf of Customers of Refco Capital Markets
NEW YORK, Oct. 9, 2007 (PRIME NEWSWIRE) -- The Refco Litigation Trusts today announced that a number of large customers of Refco Capital Markets, Ltd. ("RCM") have filed two lawsuits against, among others, Thomas H. Lee Partners, L.P. ("TH Lee"), Thomas H. Lee personally, and several TH Lee representatives who served as officers and directors of Refco. The lawsuits, filed in the United States District Court for the Southern District of New York, allege violations of federal securities laws by TH Lee and related entities, the TH Lee directors, as well as a number of other former officers and directors of Refco Inc. Violations of federal securities laws by Grant Thornton, the former auditor of RCM and Refco, are also alleged in one of the two lawsuits. Pursuant to the Refco Plan of Reorganization, the proceeds of these customer claims have been assigned to the Refco Creditors' Trust.
Memeo Data Management Solutions to be Included With Best-Selling Toshiba Laptop Computers
ALISO VIEJO, Calif., Oct. 9, 2007 (PRIME NEWSWIRE) -- Memeo Inc., a worldwide provider of digital life and information management solutions for consumers and small businesses, today announced that the Toshiba Digital Products Division, a division of Toshiba America Information Systems, Inc., will offer free trial solutions from LifeAgent, Memeo's high-performance suite of data management tools. Memeo AutoBackup backup software and AutoSync synchronizing software programs will now be included with Toshiba's Satellite(r) and Qosmio(tm) notebook computers sold in the U.S. over the next two years. By incorporating the core components of LifeAgent, Memeo will be providing Toshiba consumers and small businesses with the first truly automatic solution that protects and synchronizes files at work, home and on the road.