latest news releases from the newsroom
Gainey McKenna & Egleston
Gainey & McKenna First to File Class Action On Behalf of Idearc Investors -- IDARQ
NEW YORK, May 29, 2009 (GLOBE NEWSWIRE) -- Gainey & McKenna was the first to file a class action lawsuit in the United States District Court for the Southern District Texas, Dallas Division, on behalf of all persons who purchased securities of Idearc, Inc. ("Idearc" or the "Company") (Pink Sheets:IDARQ) during the period between August 10, 2007 and March 31, 2009 (the "Class Period").
Law Offices of Rheuban & Gresen
Five Police Officers Sue Burbank Police Department, Reports Law Offices of Rheuban & Gresen
BURBANK, Calif., May 29, 2009 (GLOBE NEWSWIRE) -- Five Burbank police officers, victims of years of race and gender-based harassment, discrimination and retaliation will hold a news conference to announce that they are suing the City of Burbank, the Burbank Police Department, the Burbank Chief of Police and a number of individual BPD police officers for injunctive relief and monetary damages.
Labaton Sucharow LLP
Labaton Sucharow LLP Filed a Class Action Lawsuit Against Oppenheimer AMT-Free Municipals Fund -- OPTAX, OTFBX, OMFCX
NEW YORK, May 29, 2009 (GLOBE NEWSWIRE) -- The law firm of Labaton Sucharow LLP has filed a class action lawsuit in the United States District Court for the District of Colorado on behalf of all persons who purchased Class A and/or Class B and/or Class C shares of the Oppenheimer AMT-Free Municipals Fund (the "Fund") (Nasdaq:OPTAX) (Nasdaq:OTFBX) (Nasdaq:OMFCX) during the period from May 13, 2006 to October 21, 2008, inclusive (the "Class Period").
Anchor BanCorp Wisconsin Inc.
Anchor Bancorp Wisconsin Inc. Reaches Agreement to Extend Loan Arrangement for One Year
MADISON, Wisc., May 29, 2009 (GLOBE NEWSWIRE) -- Anchor BanCorp Wisconsin Inc. (Nasdaq:ABCW) today announced it has entered into an agreement amending the terms of its outstanding line of credit with U.S. Bank. Under the terms of the amendment, the maturity date on the balance of the $116.3 million loan has been extended for a full year, and is now May 31, 2010, and no principal payment is due prior to the maturity date.
STEC Executives Adopt Rule 10b5-1 Trading Plans
SANTA ANA, Calif., May 29, 2009 (GLOBE NEWSWIRE) -- STEC, Inc. (Nasdaq:STEC), announced today that Manouch Moshayedi, Chairman and Chief Executive Officer and Mark Moshayedi, President, Chief Operating Officer, Chief Technical Officer and Secretary have adopted pre-arranged stock trading plans to sell a portion of STEC common stock held for the benefit of their children and in family trusts for which such officers serve as trustees. The plans provide for potential sales of common stock over a period of 18 months, if pre-determined price thresholds and other conditions set forth in the plans are met.
Enstar Group Limited
Enstar Group Limited Announces Proposed Acquisition
HAMILTON, Bermuda, May 29, 2009 (GLOBE NEWSWIRE) -- Enstar Group Limited ("Enstar") (Nasdaq:ESGR) today announced that its wholly-owned subsidiary, Nordic Run-Off Limited, had entered into a definitive agreement for the purchase of Copenhagen Reinsurance Company Ltd. ("Copenhagen Re") from Alm. Brand Forsikring A/S. Copenhagen Re was placed into run-off in 2001.