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Scott+Scott, LLP Provides Update On Securities Class Action Lawsuits Filed Against FX Energy, Inc. -- FXEN
COLCHESTER, Conn., Jan. 10, 2008 (PRIME NEWSWIRE) -- On November 13, 2007, Scott+Scott, LLP, filed the first securities class action against FX Energy, Inc. ("FX Energy" or the "Company") (Nasdaq:FXEN) and certain officers and directors in the U.S. District Court for the District of Utah. The action is on behalf of FX Energy common stock purchasers during the period March 30, 2004, through January 5, 2006, 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 business and operations and that, as a result, the price of the Company's securities was inflated during the Class Period, thereby harming investors. Subsequent to this, a second lawsuit was filed against FXEN on December 13, 2007, alleging substantially similar claims.
Candace Leatham Appointed Chief Financial Officer of Sussex Bancorp
FRANKLIN, N.J., Jan. 10, 2008 (PRIME NEWSWIRE) -- Sussex Bancorp (Nasdaq:SBBX) announced today that Candace Leatham, the Company's Executive Vice President and Treasurer, has also been named the Company's Chief Financial Officer. Leatham, who has been with the Company for 25 years, was formerly the Company's senior accounting and financial officer, and will continue in those roles.