latest news releases from the newsroom
David A. Weintraub, P.A.
Notice to All Citigroup Clients Who Own MAT and ASTA Private Placements
FORT LAUDERDALE, Fla., July 13, 2008 (PRIME NEWSWIRE) -- Attorney Advertising -- The Law Firm of David A. Weintraub, P.A. ("DAW") (www.stockbrokerlitigation.com) announces that it is continuing its investigation related to Citigroup Inc. (NYSE:C) and its subsidiaries' solicitation and recommendation of MAT Five LLC and ASTA Five 2007, National, New York and California Portfolios. DAW urges all investors receiving written settlement offers from Citigroup or Citigroup Alternative Investments, LLC to obtain the advice of counsel before agreeing to Citigroup's terms.
'Go Green' Online Awareness Campaign Launched by Cyber Gear
DUBAI, United Arab Emirates, July 12, 2008 (PRIME NEWSWIRE) -- "Go Green" is an e-initiative of Cyber Gear. According to Sharad Agarwal, CEO of Cyber Gear, "The 'Go Green' web site has been set up to remind people to be mindful of and sensitive to the natural environment in our daily life. The main objective of the site is to increase the awareness of environmental issues that affect the future of the planet.
Federal Seizure of IndyMac Bancorp, Inc. Will Not Impede Investor Class Action Announces Scott+Scott LLP -- IMB
NEW YORK, July 12, 2008 (PRIME NEWSWIRE) -- In what federal regulators are calling the second-largest U.S. bank failure in history, mortgage lender IndyMac Bancorp, Inc.'s (NYSE:IMB) operations have been taken over by the Federal Deposit Insurance Corp. (FDIC), the regulator that oversees the retail bank. The Office of Thrift Supervision (OTS) said it shut down IndyMac on Friday and that a successor institution, IndyMac Federal Bank, will be opened on Monday.
Kentucky Energy, Inc.
Quest Minerals & Mining Plans Initial Rehab On Cedar Grove Mine
PATERSON, N.J., July 11, 2008 (PRIME NEWSWIRE) -- Quest Minerals & Mining Corp. (OTCBB:QMNM) (Frankfurt:QMNB), a Kentucky based operator of energy and mineral related properties, is very pleased to announce that its contract mining group, Whitestar Mining, LLC., is in the process of taking the initial steps necessary to open the Cedar Grove mines. Representatives from both Quest and Whitestar plan to convene over the weekend to finalize all terms of the mining agreement.
SOYO Group Inc.
SOYO Updates Shareholders On a Recent Industry Event
ONTARIO, Calif., July 11, 2008 (PRIME NEWSWIRE) -- SOYO Inc. (OTCBB:SOYO) today updates it shareholders on a recent industry event. On Tuesday, July 8th Syntax-Brillian filed a chapter 11 bankruptcy petition. SOYO has received a number of calls and emails regarding this recent event, and although we would not normally comment on this type of news we understand many shareholders are concerned given the current economic climate.