latest news releases from the newsroom
Legacy Reserves LP
Legacy Reserves LP to Acquire Oil and Natural Gas Producing Properties for $20.8 Million
MIDLAND, Texas, April 10, 2007 (PRIME NEWSWIRE) -- Legacy Reserves LP (Nasdaq:LGCY) today announced that it has signed definitive purchase agreements to acquire certain oil and natural gas producing properties from two private companies for an aggregate purchase price of $20.8 million, subject to purchase price adjustments, to be paid in cash. The properties are located in Midland, Upton and Reagan counties of West Texas and Lea and Eddy counties of southeast New Mexico. The acquisitions are subject to customary closing conditions and are expected to close by the end of April.
Glancy Binkow & Goldberg LLP
Glancy Binkow & Goldberg LLP -- Representing Shareholders of NovaStar Financial, Inc. -- Announces Update to Shareholder Lawsuit
LOS ANGELES, April 10, 2007 (PRIME NEWSWIRE) -- Glancy Binkow & Goldberg LLP -- representing shareholders of NovaStar Financial, Inc. -- announces 14 days remaining to move to be a lead plaintiff in the shareholder lawsuit. All persons and institutions who purchased or otherwise acquired securities of NovaStar Financial, Inc. ("NovaStar" or the "Company")(NYSE:NFI) between May 4, 2006 and February 20, 2007, (the "Class Period"), may move the Court not later than April 24, 2007, to serve as lead plaintiff; however, you must meet certain legal requirements.