latest news releases from the newsroom
Dimond Kaplan & Rothstein, P.A.
Dimond Kaplan & Rothstein, P.A. is Investigating Auction-Rate Securities Sold by Lehman Brothers, Goldman Sachs, Merrill Lynch, Citigroup, UBS, Morgan Keegan, and Other Brokerage Firms
MIAMI, Fla., Feb. 15, 2008 (PRIME NEWSWIRE) -- The securities law firm of Dimond Kaplan & Rothstein, P.A. (http://www.dkrpa.com) announced today that it is investigating claims involving investment losses in auction-rate securities ("ARS"). Among the broker-dealers that have sold auction-rate securities are Lehman Brothers, Goldman Sachs, Merrill Lynch, Citigroup, UBS, and Morgan Keegan.
CommunitySouth Bank & Trust
CommunitySouth Announces Record Financial Performance in 2007, Total Assets Grew 52.20 Percent, Earnings Increased 35.53 Percent
EASLEY, S.C., Feb. 15, 2008 (PRIME NEWSWIRE) -- CommunitySouth Financial Corporation (OTCBB:CBSO), parent company of CommunitySouth Bank & Trust, serving the Upstate of South Carolina, today announced that earnings for the year ended 2007 totaled $1.57 million, or $0.31 per diluted share, an increase of 35.53% compared with the year ended 2006 earnings of $1.16 million, or $0.22 per diluted share,. Net income for the quarter ended December 31, 2007 was $0.44 million, or $0.09 per diluted share, an increase of 39.55% compared to the previous year's fourth quarter net income of $0.31 million, or $0.06 per diluted share.