latest news releases from the newsroom
Transocean Inc. to Hold Shareholders' Meeting to Vote On Proposed Change of Place of Incorporation
HOUSTON, Oct. 31, 2008 (GLOBE NEWSWIRE) -- Transocean Inc. (NYSE:RIG) announced today that it will hold a meeting of its shareholders on December 8, 2008, in connection with the proposal to move the place of incorporation of its group holding company from the Cayman Islands to Switzerland (the "Transaction"). Transocean's shareholders will be asked to vote in favor of the Transaction at the meeting. If the requisite approval of the shareholders is received for the Transaction, then, in accordance with Cayman Islands law, the Grand Court of the Cayman Islands will hold a hearing, at which shareholders may appear and be heard, on December 16, 2008, to approve the Transaction. The Transaction is expected to close as soon as practicable following court approval.
Klayman & Toskes P.A.
The Securities Law Firm of Klayman & Toskes Continues to File Arbitration Claims Against Morgan Keegan and Regions Financial Corp. for Losses Sustained in the RMK Bond Funds -- RHY, RMH, RMA, RSF, RIBCX
BOCA RATON, Fla., Oct. 31, 2008 (GLOBE NEWSWIRE) -- The Securities Law Firm of Klayman & Toskes, P.A. (http://www.nasd-law.com) announced today that it filed two more arbitration claims against Morgan Keegan and Regions Financial Corp. with the Financial Industry Regulatory Authority's ("FINRA") Office of Dispute Resolution. The Claims seek to recover damages sustained in four closed end funds, RMK Multi-Sector High Income Fund (NYSE:RHY), RMK High Income Fund (NYSE:RMH), RMK Advantage Income Fund (NYSE:RMA) and RMK Strategic Income Fund (NYSE:RSF), and one open ended fund, RMK Select Intermediate Bond Fund, Class C (RIBCX).
Klayman & Toskes P.A.
The Securities Law Firm of Klayman & Toskes Continues to File Arbitration Claims Against Charles Schwab for Losses Sustained in YieldPlus Funds -- SCHW, SWYSX, SWYPX
NEW YORK, Oct. 31, 2008 (GLOBE NEWSWIRE) -- The Securities Law Firm of Klayman & Toskes, P.A., www.nasd-law.com, announced today that it filed two more securities arbitration claims against Charles Schwab (Nasdaq:SCHW) with the Financial Industry Regulatory Authority's ("FINRA") Office of Dispute Resolution. The claims were filed on behalf of investors who purchased Schwab's YieldPlus Select Fund (Nasdaq:SWYSX) and Schwab's YieldPlus Fund (Nasdaq:SWYPX). The Claimants alleged that they purchased the YieldPlus Funds as alternatives to money market funds, where they sought income with little to no risk. Instead, the value of their investments has experienced significant declines.
PDF Solutions, Inc.
PDF Solutions(r) Executives to Present At the AeA Classic Financial Conference
SAN JOSE, Calif., Oct. 31, 2008 (GLOBE NEWSWIRE) -- PDF Solutions(r), Inc. (Nasdaq:PDFS) the leading provider of semiconductor process-design integration technologies and services, announced that its CFO and Vice President of Design For Manufacturability will present at the AeA Classic Financial Conference.
Medicis Pharmaceutical Corporation Sued for Securities Violations by Pomerantz Haudek Block Grossman & Gross LLP -- MRX
NEW YORK, Oct. 31, 2008 (GLOBE NEWSWIRE) -- Medicis Pharmaceutical Corporation ("Medicis" or the "Company") (NYSE:MRX) and certain officers of the Company have been sued in a class action on behalf of purchasers of Medicis common stock of the Company for the period from October 30, 2003 to September 23, 2008, both dates inclusive, (the "Class Period"). The lawsuit was filed in the United States District Court, District of Arizona for violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 by the law firm of Pomerantz Haudek Block Grossman & Gross LLP http://www.pomerantzlaw.com.
Syntroleum Releases Third Quarter 2008 Financial Results On October 31
TULSA, Okla., Oct. 31, 2008 (GLOBE NEWSWIRE) -- Syntroleum Corporation (Nasdaq:SYNM) today announced that it filed the Company's Form 10-Q with the Securities and Exchange Commission and announced its third quarter earnings on October 31, 2008. The 10-Q is available on the investor relations section of the Company's Web site, www.syntroleum.com.
Jefferson Bancshares, Inc.
Jefferson Bancshares, Inc. Announces Completion of Acquisition of State of Franklin Bancshares, Inc.
MORRISTOWN, Tenn., Oct. 31, 2008 (GLOBE NEWSWIRE) -- Jefferson Bancshares, Inc. (Nasdaq:JFBI) (the "Company") announced today that it has completed its previously announced acquisition of State of Franklin Bancshares, Inc. Pursuant to the terms of the Agreement and Plan of Merger by and between Jefferson Bancshares, Inc. and State of Franklin Bancshares, Inc., shares of State of Franklin Bancshares will be converted into either $10.00 in cash or 1.1287 shares of Jefferson Bancshares common stock. The total merger consideration will consist of approximately $4.3 million in cash and 736,000 shares of Jefferson Bancshares stock.