latest news releases from the newsroom
Levi & Korsinsky, LLP
Levi & Korsinsky LLP Investigates Board of Tween Brands Inc.
NEW YORK, June 25, 2009 (GLOBE NEWSWIRE) -- Levi & Korsinsky ("L&K") is investigating the Board of Directors of Tween Brands Inc. ("Tween Brands" or the "Company") (NYSE:TWB) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to Dress Barn Inc. ("Dress Barn") (Nasdaq:DBRN). Under the terms of the agreement, shareholders of Tween Brands will receive 0.47 shares of Dress Barn stock for each share of Tween Brands they own. Based on Dress Barn's June 24, 2009 closing stock price of $13.24, the agreement values Tween Brands shares at $6.22 per share.
Pomerantz Reminds Oppenheimer Pennsylvania Municipal Fund Investors of Lead Plaintiff Deadline
NEW YORK, June 25, 2009 (GLOBE NEWSWIRE) -- Pomerantz Haudek Grossman & Gross LLP (www.pomerantzlaw.com) ("Pomerantz") reminds investors of Oppenheimer Pennsylvania Municipal Fund ("Oppenheimer" or the "Fund") (Nasdaq:OPATX) (Nasdaq:OPABX) (Nasdaq:OPACX) that June 29, 2009 is the deadline to submit a request to be appointed as Lead Plaintiff in the class action. Pomerantz filed a complaint (2:09-cv-00772-JFC) against the company and certain officers in the United States District Court for the Western District of Pennsylvania. The class action is brought on behalf of those who purchased A, B and C shares of the fund during the period from November 28, 2005 to November 28, 2008 ("Class Period"). The Complaint alleges that the Fund, related Oppenheimer entities, and various individuals employed by or associated with Oppenheimer violated Sections 11, 12(a)(2), and 15 of the Securities Act of 1933 and Section 13(a) of the Investment Company Act.
Pomerantz Reminds Sequenom, Inc. Investors of Tuesday, June 30 Deadline
NEW YORK, June 25, 2009 (GLOBE NEWSWIRE) -- Investors in Sequenom, Inc. ("Sequenom" or the "Company") (Nasdaq:SQNM), have until Tuesday, June 30 to submit a request to the Court to be appointed Lead Plaintiff in the class action. Pomerantz Haudek Grossman & Gross LLP (www.pomerantzlaw.com) ("Pomerantz") filed a class action lawsuit in the United States District Court, Southern District of California, against the Company and certain of its top officials. The class action (09-cv-976) was filed on behalf of those who purchased securities of the Company between June 4, 2008 and April 29, 2009, inclusive (the "Class Period"). The Complaint alleges violations of Sections 10(b) and 20(a) of the Securities Exchange Act and Rule 10b-5 promulgated thereunder.
Pomerantz Appointed Co-Lead Counsel in Perrigo Company Securities Class Action
NEW YORK, June 25, 2009 (GLOBE NEWSWIRE) -- Pomerantz Haudek Grossman & Gross LLP (www.pomerantzlaw.com) has been appointed Co-Lead Counsel in the class action against Perrigo Company (NYSE:PRGO) pending in the United States District Court for the Southern District of New York -- Warner vs. Perrigo Company, et al., No. 09 Civ. 2255 (TPG).
Global Kids, Inc.
Global Kids and High School for Global Citizenship Announce Graduation of Second Senior Class On June 26
NEW YORK, June 25, 2009 (GLOBE NEWSWIRE) -- The High School for Global Citizenship (HSGC), an innovative small high school in Brooklyn, and its lead partner, Global Kids, Inc., announce the graduation of its second senior class on Friday, June 26th. The school has won praise as one of New York City's leading new small high schools by taking students from underserved communities and engaging them first-hand in the democratic process through activities with a strong emphasis on foreign policy issues and the connections between their personal lives and international events.