latest news releases from the newsroom
Abbey Spanier Rodd & Abrams, LLP
Abbey Gardy, LLP Has Filed A Class Action Suit Against HPL Technologies Inc., David Y. Lepejian and Ita Geva -- HPLAE
NEW YORK, Aug. 8, 2002 (PRIMEZONE) -- A class action complaint captioned Casden V. HPL Technologies, Inc., David Y. Lepejian and Ita Geva, C-02-3510 (VRW).has been filed by the law firm of Abbey Gardy, LLP against HPL Technologies Inc. ("HPL Technologies" or the "Company") (Nasdaq:HPLAE) and David Lepejian, HPL's CEO and Chairman and Ita Geva, HPL's Chief Financial Officer in the United States District Court for the Northern District of California, San Jose Division, on behalf of all persons or entities who purchased HPL Technologies securities during the period from July 31, 2001, the day HPL commenced trading on the NASDAQ to July 19, 2002, inclusive, the day HPL announced that it had initiated an investigation into financial and accounting irregularities (the "Class Period").
Harwood Feffer LLP
Class Action Suit Against Supervalu, Inc. Commenced by Wechsler Harwood Halebian & Feffer LLP -- SVU
NEW YORK, Aug. 8, 2002 (PRIMEZONE) -- The law firm of Wechsler Harwood Halebian & Feffer LLP ("Wechsler Harwood") announces that a class action has been commenced in the United States District Court for the District of Minnesota on behalf all persons who purchased or acquired Supervalu, Inc. (NYSE:SVU) ("Supervalu" or the "Company") securities between April 4, 2001 through June 26, 2002, inclusive (the "Class Period") against defendants Supervalu and certain of its officers and directors.
Sandvik to Exchange List Convertibles
STOCKHOLM, Sweden, Aug. 8, 2002 (PRIMEZONE) -- In May 1999, Sandvik issued a convertible debenture loan that was offered to all employees in the Group's Swedish companies. The nominal amount of the loan was SEK 955 M, with maturity on 30 June 2004.
Much Shelist Freed Denenberg Ament & Rubenstein
Nicor, Inc. Is Sued By Chicago Law Firm Of Much Shelist for Securities Fraud; Lead Plaintiff Petitions Due September 20, 2002 -- GAS
CHICAGO, Ill., Aug. 8, 2002 (PRIMEZONE) -- Much Shelist Freed Denenberg Ament & Rubenstein, P.C. has filed a class action lawsuit against Nicor, Inc. ("Nicor" or the "Company") (NYSE:GAS) and certain of its officers and directors in the United States District Court for the Northern District of Illinois. The shareholder lawsuit is on behalf of all persons and entities who purchased common stock during the period April 18, 2000 through July 18, 2002, inclusive ("Class Period").
Ocwen Financial Corp.
Ocwen Financial Corporation Announces Second Quarter Results for 2002
WEST PALM BEACH, Fla., Aug. 8, 2002 (PRIMEZONE) -- Ocwen Financial Corporation (NYSE:OCN) today reported a net loss in the second quarter of 2002 of $(50.2) million or $(0.75) per share compared to a net loss of $(21.4) million or $(0.32) per share in the second quarter of 2001. For the six months ended June 30, 2002 the Company reported a net loss of $(54.7) million or $(0.81) per share compared to a net loss of $(45.0) million or $(0.67) per share in the same period of 2001.
Neoware Extends Eon Thin Client Appliance Product Line
KING OF PRUSSIA, Pa., Aug. 8, 2002 (PRIMEZONE) -- Neoware Systems (Nasdaq:NWRE), the leading supplier of software, services, and solutions for the Appliance Computing market, today announced that the current Eon thin client appliance product line will now be known as the Eon Preferred Series. This extends the Eon product line to include the Eon Preferred Series and the recently launched Eon Professional Series.