latest news releases from the newsroom
Izard Nobel LLP
Schatz & Nobel, P.C. Announces Class Action Lawsuit Against Parlux Fragrances, Inc. -- PARL
HARTFORD, Conn., Sept. 1, 2006 (PRIMEZONE) -- The law firm of Schatz & Nobel, P.C., which has significant experience representing investors in prosecuting claims of securities fraud, announces that a lawsuit seeking class action status has been filed in the United States District Court for the Southern District of Florida on behalf of all persons who purchased or otherwise acquired the publicly traded securities of Parlux Fragrances, Inc. ("Parlux" or "the Company") (Nasdaq:PARL) between February 8, 2006 and August 10, 2006, inclusive, (the "Class Period").
September 15 is the Deadline for Investors of Par Pharmaceutical Companies, Inc. -- PRX
NEW YORK, Sept. 1, 2006 (PRIMEZONE) -- The September 15 deadline for investors of Par Pharmaceutical Companies ("Par" or the "Company") (NYSE:PRX) who wish to move the Court to be appointed as lead plaintiff, is fast approaching. Pomerantz Haudek Block Grossman & Gross LLP ("Pomerantz") (www.pomerantzlaw.com) filed a class action lawsuit against the company and certain of its officers in United States District Court District of New Jersey. The class action was filed on behalf of purchasers of the common stock of the Company during the period from April 29, 2004 to July 5, 2006, inclusive (the "Class Period"). The complaint alleges violations of Sections 10(b) and 20(a) the Securities Exchange Act of 1934 and Rule10b-5 promulgated thereunder.
Investors of Scottish Re Group Ltd. are Reminded of Securities Class Action filed Against the Company -- SCT
NEW YORK, Sept. 1, 2006 (PRIMEZONE) -- Pomerantz Haudek Block Grossman & Gross LLP (www.pomerantzlaw.com) ("Pomerantz") reminds investors of Scottish Re Group Ltd. ("Scottish Re" or the "Company") (NYSE:SCT) that a class action lawsuit has been filed in the United States District Court Southern District of New York, against the company and certain officers. The class action was filed on behalf of purchasers of the common stock of the Company during the period from February 17, 2005 -- July 28, 2006, inclusive (the "Class Period"). The complaint alleges violations of Section 10(b) and Section 20(a) of the Exchange Act and Rule 10b-5 promulgated thereunder.
SimpleTech Executives Adopt Rule 10b5-1 Trading Plans
SANTA ANA, Calif., Sept. 1, 2006 (PRIMEZONE) -- SimpleTech, Inc. (Nasdaq:STEC), today announced that its top four senior executives have adopted pre-arranged stock trading plans during the company's previous open trading window period. The plans provide for potential sales of stock and the exercise and sale of stock issued upon exercise of vested stock options over time. The executives have informed the Company that these stock sales are part of their individual long-term strategies for asset diversification and liquidity. Sales under such plans will result in an increased number of shares in the company's public float and are expected to increase liquidity. The stock trading plans were adopted in accordance with guidelines specified under Rule 10b5-1 of the Securities and Exchange Act of 1934, as amended, and SimpleTech's policies regarding stock transactions.
AutoZone to Release Fourth Quarter Earnings on September 19
MEMPHIS, Tenn., Sept. 1, 2006 (PRIMEZONE) -- AutoZone, Inc. (NYSE:AZO), the nation's leading auto parts retailer, will release results for its fourth quarter ended August 26, 2006, before market open on Tuesday, September 19, 2006. Additionally, the Company will host a one hour conference call on Tuesday, September 19, 2006, beginning at 10:00 a.m. (EDT), to discuss the results of the quarter.
Dow Jones Indexes
STOXX Announces Changes to its Blue-Chip and Style Indexes
ZURICH, Switzerland, Sept. 1, 2006 (PRIMEZONE) -- STOXX Ltd. today announced the results of the regular annual review of the Dow Jones STOXX 50, Dow Jones EURO STOXX 50, Dow Jones STOXX NORDIC 30 and Dow Jones STOXX EU Enlarged 15 blue-chip indexes as well as the results of the semi-annual review of its style indexes. The changes will be effective on September 18, 2006.
Northrop Grumman Corp.
Northrop Grumman Plays Key Role in Successful Missile Defense Intercept Test
HUNTSVILLE, Ala., Sept. 1, 2006 (PRIMEZONE) -- Northrop Grumman Corporation's (NYSE:NOC) fire control and launch control equipment software, developed for the U.S. Missile Defense Agency's (MDA) ground-based midcourse defense (GMD) system, successfully performed today during MDA's Flight Test 2, where the interceptor successfully tracked and subsequently destroyed the target warhead over the Pacific Ocean. These software systems play a pivotal role in launching the system's ground-based interceptor and orchestrating the overall engagement sequence.