latest news releases from the newsroom
Scott+Scott, LLP Files Class Action Lawsuit Against Powerwave Technologies Inc. on Behalf of Investors -- PWAV
COLCHESTER, Conn., March 8, 2007 (PRIME NEWSWIRE) -- Today, Scott+Scott, LLP, filed a class action against Powerwave Technologies Inc. ("Powerwave" or the "Company") (Nasdaq:PWAV) and certain officers and directors in the U.S. District Court for the Central District of California. The action is on behalf of Powerwave common stock purchasers during the period May 2, 2005 through October 9, 2006, inclusive (the "Class Period"), for violations of the Securities Exchange Act of 1934. The complaint alleges that defendants made false and misleading statements and material omissions regarding the Company's business and operations and that, as a result, the price of the Company's securities was inflated during the Class Period, thereby harming investors.
Labaton Sucharow LLP
Labaton Sucharow & Rudoff LLP Files Class Action Lawsuit Against HCC Insurance Holdings, Inc. -- HCC
NEW YORK, March 8, 2007 (PRIME NEWSWIRE) -- Labaton Sucharow & Rudoff LLP filed a class action lawsuit on March 8, 2007 in the United States District Court for the Southern District of Texas, on behalf of persons who purchased or otherwise acquired publicly traded securities of HCC Insurance Holdings, Inc. ("HCC" or the "Company") (NYSE: HCC) between May 3, 2005 and November 17, 2006, and shareholders of record on April 3, 2006, (the "Class Period"). The lawsuit was filed against HCC, Edward H. Ellis Jr. (former CFO), Stephen L. Way (former CEO), Chris L. Martin (former General Counsel) and Walter J. Lack (former Chairman of the Compensation Committee) ("Defendants").
HCC Insurance Holdings, Inc.
HCC to Present at the Citigroup Conference
HOUSTON, March 8, 2007 (PRIME NEWSWIRE) -- HCC Insurance Holdings, Inc. (NYSE:HCC) announced today that Frank J. Bramanti, Chief Executive Officer, will be presenting at the Citigroup's 2007 Small & Mid-Cap Conference in Las Vegas, Nevada. The presentation will take place on Tuesday, March 13, 2007 at 1:45 p.m. Pacific Daylight Time (PDT).
Tuxis Corporation Files to Delist and Deregister Its Common Stock
NEW YORK, March 8, 2007 (PRIME NEWSWIRE) -- Tuxis Corporation (the "Company") today announced that it has filed a Form 15 with the Securities and Exchange Commission ("SEC") to terminate the registration of its common stock and rights to purchase series A participating preferred stock under the Securities Exchange Act of 1934, as amended ("Exchange Act"). On February 26, 2007, the Company filed a Form 25 to withdraw the listing of its common stock and rights to purchase series A participating preferred stock from the American Stock Exchange ("AMEX") to become effective today.
Power Integrations, Inc.
Power Integrations Files Form 10-K for Fiscal Year 2005
SAN JOSE, Calif., March 8, 2007 (PRIME NEWSWIRE) -- Power Integrations (Pink Sheets:POWI) today announced that it has filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2005. The annual report includes restated financial information pertaining to fiscal years 1998 through 2005. The company intends to file its remaining outstanding SEC filings as soon as practicable, and plans to seek the listing of its shares on the Nasdaq stock market immediately thereafter.
VA Software Corporation
VA Software Appoints Scott E. Howe to Board of Directors
FREMONT, Calif., March 8, 2007 (PRIME NEWSWIRE) -- VA Software Corporation (Nasdaq:LNUX), the online media, software, and e-commence leader in community-driven Open Source innovation, today announced that Scott E. Howe has joined the company's Board of Directors effective March 7, 2007. Howe brings more than eight years of experience in the areas of internet media, technology, and advertising.