latest news releases from the newsroom
Seattle's Best Coffee
Seattle's Best Coffee(R) Debuts New Beverage: The Naughty Toddy(R)
SEATTLE, May 31, 2002 (PRIMEZONE) -- Seattle's Best Coffee(r), a subsidiary of AFC Enterprises, Inc. (Nasdaq:AFCE), today announced the introduction of a unique new summer coffee drink, the Naughty Toddy(r). The Naughty Toddy(r) is a cold coffee beverage, combining a remarkably smooth cold-brewed concentrated coffee made from Seattle's Best Coffee(r), half and half and Seattle's Best Coffee's(r) signature bittersweet chocolate.
Brodsky & Smith, LLC
Brodsky & Smith, LLC Announces Class Action Lawsuit Against Merrill Lynch Relating to Interliant, Inc. -- INIT
BALA CYNWYD, Pa., May 31, 2002 (PRIMEZONE) -- According to Brodsky & Smith, L.L.C., which has filed a class action against Merrill Lynch & Co., shareholders who purchased the common stock Interliant, Inc. ("Interliant" or the "company") (Nasdaq:INIT) between August 4, 1999 and April 8, 2002, inclusive (the "Class Period") have until July 14, 2002 to seek appointment by the Court as one of the lead plaintiffs in this action.
Murray, Frank & Sailer LLP
Rabin & Peckel LLP Commences Class Action Against Seitel, Inc. and Certain of its Officers and Directors Alleging Violations of Federal Securities Law -- SEI
NEW YORK, May 31, 2002 (PRIMEZONE) -- A class action complaint has been filed in the United States District Court for the Southern District of Texas, Houston Division, case number H-02-2030, on behalf of all persons or entities who purchased Seitel, Inc. ("Seitel" or the "Company") common stock (NYSE:SEI) between July 13, 2000 and April 1, 2002, both dates inclusive (the "Class Period"). Seitel, Inc., Paul A. Frame, Debra D. Valice, Marcia H. Kendrick, and Herbert M. Pearlman are named as defendants in the action.
Kirby McInerney LLP
Kirby McInerney & Squire, LLP Announces Court's Reversal of Roche Holding Securities Class Action Dismissal -- RHHBY
NEW YORK, May 31, 2002 (PRIMEZONE) -- The law firm of Kirby McInerney & Squire, LLP reports that on May 30, 2002 the United States Court of Appeals for the Third Circuit reversed the dismissal of a securities fraud class action filed against Roche Holding Ltd.
(Pink Sheets:RHHBY), brought on behalf of ADR purchasers during the period December 3, 1996 through May 20, 1999 ("class period") The lawsuit alleges that the trading prices for Roche Holding ADRs were artificially inflated by false and/or misleading statements concerning the competitive market for certain Roche products. The truth became known in May 1999 when Roche Holding's primary subsidiary as well as a Roche Holding officer pled guilty to participation in a price fixing conspiracy in violation of U.S. antitrust laws.
Rebalancing of Global Indices
STOCKHOLM, Sweden, May 31, 2002 (PRIMEZONE) -- Today there has been a rebalancing in a number of global indices. This has meant that investors, for example index-funds, change their portfolio holdings in accordance with the new indices.