latest news releases from the newsroom
Scott+Scott, LLC Informs Investors That the Lead Plaintiff Motion Deadline in the Securities Fraud Action Against Guidant Corporation is January 3, 2006 -- GDT
COLCHESTER, Conn., Dec. 29, 2005 (PRIMEZONE) -- Scott+Scott, LLC (http://www.scott-scott.com) initiated a securities fraud class action on November 3, 2005, in the United States District Court for the Southern District of Indiana against Guidant Corp. ("Guidant" or the "Company") (NYSE:GDT) and certain individual defendants (No. 05CV1658). Guidant securities purchasers between December 15, 2004 and November 3, 2005, inclusive (the "Class Period") are putative class members. Guidant claims to provide therapeutic medical solutions for customers, patients and healthcare systems worldwide.
Riverview Bancorp, Inc.
Riverview Bancorp, Inc. Completes Issuance of $7 Million in Trust Preferred Securities and Announces Plans to Report Third Quarter Results
VANCOUVER, Wash., Dec. 29, 2005 (PRIMEZONE) -- Riverview Bancorp, Inc. (Nasdaq:RVSB) (the "Company"), the holding company for Riverview Community Bank ("Bank"), today announced that it completed the issuance of $7 million in trust preferred securities. The trust preferred securities were issued by a special purpose business trust owned by the Company and placed by D.A. Davidson, FTN Financial Capital Markets and Keefe, Bruyette & Woods, Inc. The net proceeds from this issuance will be invested in the Bank to provide additional capital for general corporate purposes, including current and future expansion of the Bank.
The Plasencia Group
The Plasencia Group, Inc. Advises Hilton Hotels Corporation in the Sale of 600-Room Hilton Hotel in Anchorage, Alaska
TAMPA, Fla., Dec. 29, 2005 (PRIMEZONE) -- The Plasencia Group, Inc., the leading hospitality transaction and consulting services firm representing owners of hotels, resorts, and golf courses, served as exclusive investment advisor to Hilton Hotels Corporation in the sale of the 600-room Hilton Hotel in Anchorage, Alaska.
Roaming Messenger Secures $1.2MM Financing
SANTA BARBARA, Calif., Dec. 29, 2005 (PRIMEZONE) -- Roaming Messenger (OTCBB:RMSG), the provider of a breakthrough mobile messaging platform, today announced that it has secured $1,200,000 in financing from Cornell Capital Partners, LP ("Cornell") to fund continued development and growth of the Company.
Izard Nobel LLP
Schatz & Nobel, P.C. Announces Class Action Lawsuit Against SeraCare Life Sciences, Inc. -- SRLSE
HARTFORD, Conn., Dec. 29, 2005 (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 Southern District of California on behalf of all persons who purchased the publicly traded securities of SeraCare Life Sciences, Inc. (Nasdaq:SRLSE) between May 3, 2005, and December 19, 2005, inclusive (the "Class Period"). Also included are all those who purchased in the secondary offering on May 24, 2005.
Financial Accounting Foundation
GASB Publishes Implementation Guide to Statement 44 on the Statistical Section
NORWALK, Conn., Dec. 29, 2005 (PRIMEZONE) -- As a part of its mission to guide and educate the public about its standards, the Governmental Accounting Standard Board (GASB) has published a Guide to Implementation of GASB Statement 44 on the Statistical Section. The guide was prepared by GASB staff primarily to assist preparers and auditors of governmental financial statements and those that advise them as they implement the updated and expanded statistical section. The statistical section is the part of a state or local government's comprehensive annual financial report (CAFR) that presents trend information for the last ten years about a government's financial results, major revenue sources, outstanding debt, economic and demographic indicators, and operating activities.