latest news releases from the newsroom
Ticketmaster Entertainment, Inc.
Ticketmaster Appoints Marla Ostroff Executive Vice President of National Accounts
WEST HOLLYWOOD, Calif., June 8, 2009 (GLOBE NEWSWIRE) -- Ticketmaster, a Ticketmaster Entertainment, Inc., (Nasdaq:TKTM) operating business, has appointed Marla Ostroff to the newly created position of executive vice president, National Accounts for Ticketmaster. She will be based in Ticketmaster's New York office. The announcement was made today by Irving Azoff, CEO of Ticketmaster Entertainment.
Klayman & Toskes P.A.
While the Securities Law Firm of Klayman & Toskes Prosecutes FINRA Arbitration Claims Against UBS Relating to Structured Products, New Hampshire's Securities Regulators File Action Targeting UBS Sales Practices
NEW YORK, June 8, 2009 (GLOBE NEWSWIRE) -- The Securities Law Firm of Klayman & Toskes, P.A. ("K&T") (http://www.nasd-law.com) announced today that The New Hampshire Bureau of Securities Regulation filed a Cease and Desist Order, No. COM08-027, against UBS Financial Services (NYSE: UBS) alleging "unfair sales practices.unsatisfactory supervisory procedures and for recommending unsuitable investments" to numerous investors. The products at issue in the Action are Lehman Brothers "structured products" which were sold by UBS as "promising principal protection." These include Lehman Brothers' so called "Principal Protection Notes." According to New Hampshire's Deputy Director of Securities Regulation for Enforcement, "UBS presented these notes as simple, safe investments when in fact they are highly volatile and are subject to shifting market conditions. The safety of these products was exaggerated. We believe UBS engaged in unfair and unlawful sales practices when presenting these investments." The New Hampshire Bureau of Securities Regulation also stated, "The methods by which UBS offered and sold the Lehman Brothers structured products to its clients constituted dishonest and unethical business practices."
Westinghouse Solar, Inc.
Akeena Solar Named SEIA Industry Innovator
PHILADELPHIA, June 8, 2009 (GLOBE NEWSWIRE) -- Akeena Solar (Nasdaq:AKNS), one of the nation's leading installers and distributors of solar systems, was honored with the Solar Energy Industries Association ("SEIA") Industry Innovator Award for its new Andalay AC solar panel system in a ceremony today during the organization's PV America conference. The award recognizes companies who have made key contributions to the industry through continual technological innovation and coincided with the release of a white paper detailing the technical advantages of Akeena's new Andalay AC solar panels, the first plug-and-play solar system.
Kiwa Bio-Tech Products Group Corporation
Kiwa Bio-Tech Announces Change of Auditor
BEIJING and CLAREMONT, Calif., June 8, 2009 (GLOBE NEWSWIRE) -- Kiwa Bio-Tech Products Group Corporation (OTCBB:KWBTE) announced that the Board of Directors has engaged AGCA, Inc. of Arcadia, California as the Company's independent public accountants for the 2009 fiscal year.
Bryan Cave LLP
Bryan Cave LLP to Host Top CA Leaders at Conference on Clean Technology, Renewable Energy and Sustainability
LOS ANGELES, June 8, 2009 (GLOBE NEWSWIRE) -- Over 30 leading elected official and business professionals will address how high-tech can help businesses run cleaner, more efficiently and more profitably at Clean Tech Roundtable hosted by Bryan Cave LLP at The Broad Stage at Santa Monica College on Tuesday, June 30, 2009. The event will feature top California leaders, including Attorney General Jerry Brown, Treasurer Bill Lockyer, Controller John Chiang, and former Controller and clean tech venture capitalist Steve Westly. The state leaders will outline their vision on how to promote important new state and federal clean technology initiatives.