latest news releases from the newsroom
Faruqi & Faruqi LLP
Faruqi & Faruqi, LLP Announces Filing of Class Action Lawsuit Against Allot Communications Ltd. -- ALLT
NEW YORK, June 14, 2007 (PRIME NEWSWIRE) -- Notice is hereby given that a class action lawsuit was commenced in the United States District Court for the Southern District of New York on behalf of all who purchased or otherwise acquired the common stock of Allot Communications Ltd. ("Allot" or the "Company") (Nasdaq:ALLT), pursuant or traceable to the Company's November 15, 2006 Initial Public Offering ("IPO") through April 2, 2007, inclusive (the "Class Period"). A copy of the complaint filed in this action can be viewed on the firm's website at www.faruqilaw.com
Marlin Business Services Corp.
Marlin Appoints New Chief Marketing Officer
MOUNT LAUREL, N.J., June 14, 2007 (PRIME NEWSWIRE) -- Marlin Business Services Corp. (Nasdaq:MRLN) is pleased to announce the appointment of Philip Bruno to the role of Chief Marketing Officer. Phil joins Marlin from First National of Nebraska, where he held the position of Marketing and Product Director. His previous work experience includes senior marketing roles at FleetBoston/Bank of America, where he was responsible for new customer acquisition marketing, and Chase Manhattan Bank in the role of new account database marketing for the credit card services unit.
Northrop Grumman Corp.
Northrop Grumman Team Completes Third Successful KEI Motor Fire Test
PROMONTORY, Utah, June 14, 2007 (PRIME NEWSWIRE) -- The Kinetic Energy Interceptors (KEI) program team fired a powerful Stage 1 rocket motor today, marking the third consecutive successful ground-fire test leading up to the program's first booster flight in 2008. Northrop Grumman Corporation (NYSE: NOC) is the KEI prime contractor, with Raytheon Company (NYSE: RTN) as the principal subcontractor.
Xlibris Releases Willa, An Enduring Civil War Novel That Will Touch Your Heart
TUSCON, Ariz., June 14, 2007 (PRIME NEWSWIRE) -- In times of crisis such as war, people have no choice but to survive any way they can and adjust themselves to drastic changes. Such elements affected many people during the Civil War and their struggles will forever be told and repeated in society in more ways than one. A dramatic story of courage, honor and love in 19th century America is about to begin as Xlibris proudly releases Willa, the captivating new war epic written by Mary Katherine Arensberg.
Kratos Defense & Security Solutions, Inc.
WFI Receives Extension From NASDAQ
SAN DIEGO, June 14, 2007 (PRIME NEWSWIRE) -- WFI (Nasdaq:WFII) today announced it received a letter dated June 12, 2007 from the NASDAQ Stock Market informing the Company that the NASDAQ Listing Qualifications Panel has granted the Company's request for an extension for continued listing on the NASDAQ Stock Market. The extension is subject to the Company filing its Annual Report on Form 10-K for the fiscal year ended December 31, 2006 by July 31, 2007, and its Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2007 by August 15, 2007. The Panel has advised the Company that should it be unable to meet the deadlines, the Company's shares may be delisted from the NASDAQ Stock Market.
Furniture Brands International
Furniture Brands International Names Ralph Scozzafava as Vice Chairman and Chief Executive Officer Designate
ST. LOUIS, June 14, 2007 (PRIME NEWSWIRE) -- The Furniture Brands International (NYSE:FBN) Board of Directors today announced the appointment of Ralph Scozzafava to the Board of Directors as Vice Chairman and Chief Executive Officer Designate. The Board of Directors also announced today the plans of Chairman and Chief Executive Officer W.G. (Mickey) Holliman to retire as Chief Executive Officer on January 1, 2008. Mr. Holliman will remain as Chairman until May 1, 2008. John T. (Tom) Foy continues to serve as President and Chief Operating Officer of the company.