latest news releases from the newsroom
Murray, Frank & Sailer LLP
Investor Deadline: February 6, 2006 is the Last Day to Join Murray, Frank & Sailer LLP's Shareholder Class Action Against Faro Technologies, Inc. -- FARO
NEW YORK, Jan. 27, 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 shareholders who purchased or otherwise acquired the securities of FARO Technologies, Inc. ("FARO" or the "Company") (Nasdaq:FARO) between May 6, 2004 and November 3, 2005, inclusive (the "Class Period").
Paragon Real Estate Equity and Investment Trust
Paragon Receives Decision From American Stock Exchange
CLEVELAND, Jan. 27, 2006 (PRIMEZONE) -- Paragon Real Estate Equity and Investment Trust (AMEX:PRG) received the decision of the American Stock Exchange to delist Paragon's common shares due to the company not being in compliance with continuing listing standards of the exchange. Specifically, the company is not in compliance with the requirements of Section 1003 of the exchange's Company Guide, which require companies to maintain shareholders' equity of between $2 million and $6 million, and Paragon's common shares have been selling at a lower price per share than the exchange's requirements.
Aquila Allowed More Time to Obtain Additional Regulatory Approval for South Harper Peaking Facility
KANSAS CITY, Mo., Jan. 27, 2006 (PRIMEZONE) -- Aquila, Inc. (NYSE:ILA) announced today that it has been granted a four-month stay of an earlier injunction ordering it to dismantle its South Harper Peaking Facility and Peculiar Substation so that it can work with the Missouri Public Service Commission to obtain the necessary approvals for the facilities. After a hearing before Judge Joseph Dandurand, Cass County Circuit Court, the following additional orders were issued:
Law Office of Joseph P. Garland
Trico Bankruptcy Confirmation Revocation Complaint: Court's Dismissal of Complaint Seeking Revocation of Bankruptcy Confirmation Held in Abeyance
NEW YORK, Jan. 27, 2006 (PRIMEZONE) -- On January 21, 2005, the United States Bankruptcy Court for the Southern District of New York, approved the plan of reorganization of Trico Marine Services, Inc. ( (Nasdaq:TRMA) (stock), TRMAW (warrants), TRMAZ (warrants) ) and related companies ("Trico"). The bankruptcy case number is 04-17985-smb, and was pending before Chief Bankruptcy Judge Stuart M. Bernstein. The plan of reorganization became effective on or about March 15, 2005, at which time Trico emerged from bankruptcy.