latest news releases from the newsroom
Gardy & Notis, LLP
Gardy & Notis, LLP Announces Filing of Class Action Lawsuit Against Impac Mortgage Holdings, Inc. -- IMH
ENGLEWOOD CLIFFS, N.J., Aug. 17, 2007 (PRIME NEWSWIRE) -- Gardy & Notis, LLP announces that it has filed a class action lawsuit in the United States District Court for the Central District of California on behalf of Impac Mortgage Holdings, Inc. (NYSE:IMH) securities during a class period of May 10, 2006 to August 15, 2007.
Foundry Networks, Inc.
Foundry Networks to Present On Building a Voice-Ready Data Network At VoiceCon San Francisco 2007
SANTA CLARA, Calif. and SAN FRANCISCO, Aug. 17, 2007 (PRIME NEWSWIRE) -- Foundry Networks(r), Inc. (Nasdaq:FDRY), a performance and total solutions leader for end-to-end switching and routing, today announced that Foundry's Franchesca Walker will participate in the panel discussion, "How to Build a Voice-ready Data Network," on Tuesday, Aug. 21 at 1:00 p.m. PDT at VoiceCon San Francisco 2007 in Moscone Center North, Room 123. In a second presentation, Ms. Walker will also provide a comprehensive product briefing on end-to-end IP infrastructures built on Foundry's leading architecture on Tuesday, Aug. 21 at 4:30 p.m. PDT in Moscone Center North, Room 1.
Scott+Scott, LLP Commences Investor Litigation Against Countrywide Financial Corp. -- Market Concerns Persist
COLCHESTER, Conn., Aug. 17, 2007 (PRIME NEWSWIRE) -- On August 14, 2007, Scott+Scott, LLP announced a class action against Countrywide Financial Corp. ("Countrywide Financial" or the "Company") (NYSE:CFC) and certain officers and directors on behalf of Countrywide Financial common stock purchasers during the period October 24, 2006, through August 9, 2007, inclusive (the "Class Period"), for violations of the Securities Exchange Act of 1934.
Crown Crafts, Inc.
Hamco Responds to Consumer Concerns Regarding Excessive Lead Levels in Vinyl Bibs
GONZALES, La., Aug. 17, 2007 (PRIME NEWSWIRE) -- Hamco, Inc. supports the efforts of our customers and the juvenile products industry to ensure the safety of all children, including re-testing and verification of compliance of our products. It is Hamco's mission to supply safe products to all retailers and consumers. Since the spring of this year, at the request of Toys "R" Us, Inc. and other retailers, the Company adopted a policy of testing to California Proposition 65 and applied this testing standard to vinyl bibs sold to all retailers. California Proposition 65 represents the highest standard of any state or federal agency.
Crown Crafts, Inc.
Crown Crafts Announces Preliminary Results of Proxy Contest
GONZALES, La., Aug. 17, 2007 (PRIME NEWSWIRE) -- Crown Crafts, Inc. (the "Company") (Nasdaq:CRWS) today announced that the independent inspector's preliminary report of votes cast at the Company's Annual Meeting on August 14, 2007 indicated that stockholders had voted to re-elect two of management's nominees, E. Randall Chestnut and William T. Deyo, and one of Wynnefield Partners Small Cap Value, L.P.'s nominees, Frederick G. Wasserman. More than 80% of the 10 million outstanding shares voted either in person or by proxy at the Annual Meeting.
Precision Castparts Corp.
Wyman-Gordon Forgings Renews Agreement With International Association of Machinists
PORTLAND, Ore., Aug. 17, 2007 (PRIME NEWSWIRE) -- Wyman-Gordon Forgings LP, a subsidiary of Precision Castparts Corp. (NYSE:PCP), announced today that it has entered into a new 4-year agreement with the International Association of Machinists (IAM). The IAM represents approximately 420 employees at Wyman-Gordon Forgings' Houston Plant. The contract was approved by IAM employees on Friday, August 17 and is effective immediately.
Kratos Defense & Security Solutions, Inc.
WFI Receives Additional Nasdaq Staff Determination Letter
SAN DIEGO, Aug. 17, 2007 (PRIME NEWSWIRE) -- WFI (Nasdaq:WFII) today announced that it received an additional staff determination letter from the Nasdaq Stock Market ("Nasdaq") advising the Company that it had failed to comply with the filing requirement for continued listing set forth in Nasdaq Marketplace Rule 4310c(14) due to WFI's failure to timely file its Form 10-Q for the period ended June 30, 2007, and that its securities are subject to delisting from the Nasdaq Global Select Market. As previously disclosed, by letter dated July 23, 2007, the Nasdaq Listing Qualifications Panel (the "Panel") granted the Company's request for an extension to continue the listing of the Company's common stock on the Nasdaq Stock Market. The extension is subject to the Company filing its delinquent reports by September 10, 2007. The Panel has advised the Company that should it be unable to meet the deadline, the Company's shares will be delisted from the Nasdaq Stock Market unless the Nasdaq Listing and Hearings Review Council issues a stay of delisting.