latest news releases from the newsroom
HomeAid's 'Project Playhouse' Comes to National Building Museum in Washington, D.C.
WASHINGTON, Oct. 9, 2007 (PRIME NEWSWIRE) -- As the building industry's long-time charity of choice, HomeAid and its builder partners have provided more than 150 transitional homeless housing facilities around the country, while educating the public about the issue of temporary homelessness. In 2007, HomeAid expanded its efforts in housing development by embracing sustainable building practices on projects in New Orleans and Colorado. On Saturday, October 13, HomeAid will unveil a sustainable version of its signature Project Playhouse designs, which traditionally have been auctioned to raise money for building housing for the homeless, in the National Building Museum in Washington, D.C.
Refco Litigation Trusts
Lawsuits Filed Against Thomas H. Lee Partners, Grant Thornton, and Former Refco Directors On Behalf of Customers of Refco Capital Markets
NEW YORK, Oct. 9, 2007 (PRIME NEWSWIRE) -- The Refco Litigation Trusts today announced that a number of large customers of Refco Capital Markets, Ltd. ("RCM") have filed two lawsuits against, among others, Thomas H. Lee Partners, L.P. ("TH Lee"), Thomas H. Lee personally, and several TH Lee representatives who served as officers and directors of Refco. The lawsuits, filed in the United States District Court for the Southern District of New York, allege violations of federal securities laws by TH Lee and related entities, the TH Lee directors, as well as a number of other former officers and directors of Refco Inc. Violations of federal securities laws by Grant Thornton, the former auditor of RCM and Refco, are also alleged in one of the two lawsuits. Pursuant to the Refco Plan of Reorganization, the proceeds of these customer claims have been assigned to the Refco Creditors' Trust.