latest news releases from the newsroom
Scott+Scott Files Complaint Against H&R Block for Fraudulently Misleading Investors -- HRB
COLCHESTER, Conn., March 23, 2006 (PRIMEZONE) -- Scott+Scott filed a securities class action in the United States District Court for the Southern District of New York on behalf of all securities purchasers of H&R Block, Inc. ("H& R Block" or the "Company") (NYSE:HRB) during the period February 24, 2004 through March 14, 2006, inclusive (the "Class Period"), seeking remedies for federal securities law violations. During the Class Period, according to the complaint, defendants caused H&R Block's shares to trade at artificially inflated levels by issuing false and misleading financial statements. As a result of this inflation, H&R Block was able to: (i) offer for sale and sell $400 million 10-year senior unsecured notes in reliance on defendants' false and misleading financial reports; (ii) declare higher quarterly stock dividends than might otherwise be possible absent the sale of its debt securities; and (iii) award defendants cash and stock-based compensation based in part on the inflated value of the Company's stock.
Murray, Frank & Sailer LLP
Murray, Frank & Sailer LLP Announces the Filing of a Shareholder Class Action Against PainCare Holdings, Inc. -- PRZ
NEW YORK, March 23, 2006 (PRIMEZONE) -- Murray, Frank & Sailer LLP has filed a class action lawsuit in the United States District Court for the Middle District of Florida on behalf of all securities purchasers of PainCare Holdings, Inc. (AMEX: PRZ) ("PainCare" or the "Company") between August 27, 2002, and March 15, 2006, inclusive (the "Class Period").
Surge Global Energy, Inc.
Amended Release: Surge Global Energy Expands Its Board of Directors With Two New Appointments
SAN DIEGO, March 23, 2006 (PRIMEZONE) -- Surge Global Energy, Inc. (OTCBB:SRGG), an oil and gas exploitation and development company, today announced that Daniel Schreiber, Chief Executive Officer of Granite Financial Group, and Barry Nussbaum, Founder and Chief Executive Office of BNC Real Estate, have joined the company's Board of Directors. Mr. Schreiber brings to the board 20 years of experience in investment banking and Mr. Nussbaum has extensive expertise in real estate specializing in developments in Texas, Arizona and California.
Izard Nobel LLP
Schatz & Nobel, P.C. Announces Class Action Lawsuit Against Merge Technologies, Inc. -- MRGE
HARTFORD, Conn., March 23, 2006 (PRIMEZONE) -- The law firm of Schatz & Nobel, P.C., which has significant experience representing investors in prosecuting claims of securities fraud, announces that a lawsuit seeking class action status has been filed in the United States District Court for the Eastern District of Wisconsin of on behalf of all persons who purchased or otherwise acquired the publicly traded securities of Merge Technologies, Inc. d/b/a Merge Healthcare ("Merge" or the "Company") (Nasdaq:MRGE) between August 2, 2005 and March 16, 2006, inclusive, (the "Class Period").
InRob Tech Ltd.
InRob Tech, Ltd. to be Featured on MoneyTV
LAS VEGAS, March 23, 2006 (PRIMEZONE) -- InRob Tech Ltd. (OTCBB:IRBL), a leader in the development and production of advanced wireless control systems and integrated solutions for unmanned ground vehicles (UGV), today announced that Mr. Joel Gering, Spokesperson of InRob Tech Ltd., will conduct a telephone interview with MoneyTV (www.moneytv.net) on Friday, March 24th, at 10 a.m., EST.
Budget Waste Inc.
Budget Waste Inc. Adds Additional Services to Meet the Demands of the Growing Calgary Construction Market
CALGARY, Alberta, March 23, 2006 (PRIMEZONE) -- BWI (Pink Sheets:BDWT), a premier roll-off waste hauling company in the Calgary area, has expanded their services to include portable toilets, vacuum trucks, temporary fencing and front load bin services to meet the demands of the growing Calgary construction market. These services will provide BWI with a competitive advantage by enabling BWI to provide a single source for complete waste services solutions. The response from BWI's existing clients has been very positive with their clients recognizing the potential cost savings associated with not having to manage a number of contracts for individual waste services. These expanded services are part of the BWI strategy of working with their clients to provided unmatched services to meet their clients' changing requirements.