latest news releases from the newsroom
Law Offices of Eric J. O'Bell, L.L.C.
Law Offices of Eric J. O'Bell, LLC Announce Initial Filing of Securities Class Action Lawsuit Against Superior Offshore International Inc. -- DEEP
METAIRIE, La., March 2, 2008 (PRIME NEWSWIRE) -- The Law Offices of Eric J. O'Bell, LLC ("O'Bell, LLC") on February 29, 2008 filed a class action lawsuit against Superior Offshore International Inc. ("Superior Offshore" or the "Company") (Nasdaq:DEEP) in the United States District Court for the Eastern District of Louisiana, on behalf of shareholders who purchased the common stock of the Company in connection with Superior Offshore's Initial Public Offering ("IPO") on or about April 20, 2007 or who purchased shares thereafter through January 9, 2008.
Scott+Scott LLP Files Class Action Lawsuit against SunOpta Inc. on Behalf of Investors -- STKL
COLCHESTER, Conn., March 1, 2008 (PRIME NEWSWIRE) -- On February 29, 2008, Scott+Scott LLP filed a class action against SunOpta Inc. ("SunOpta" or the "Company") (Nasdaq:STKL) and certain officers and directors in the U.S. District Court for the Southern District of New York. The action is on behalf of those purchasing SunOpta common stock during the period beginning August 8, 2007, to January 25, 2008, inclusive (the "Class Period"), for violations of the Securities Exchange Act of 1934. The complaint alleges that defendants made false and misleading statements and material omissions regarding the Company's reported earnings and that, as a result, the price of the Company's securities was inflated during the Class Period, thereby harming investors.
Aquila Reports 2007 Results; Significantly Improved Utility Performance
KANSAS CITY, Mo., Feb. 29, 2008 (PRIME NEWSWIRE) -- Aquila, Inc. (NYSE:ILA) reported today that its electric and gas utilities in Missouri and four other states delivered a 40 percent improvement in EBITDA performance. In 2007, EBITDA for Aquila's electric and gas utilities was $260.5 million, up $74.4 million from $186.1 million reported in 2006. This improvement in utility results was offset by various non-operating gains recognized on the asset sales in 2006 and merger-related costs occurring in 2007.