latest news releases from the newsroom
The Wexler Firm
Class Certified In Pricing Overcharge Case Against Maker Of Popular Menopause Drug Premarin -- WYE
CHICAGO, March 1, 2005 (PRIMEZONE) -- The Wexler Firm LLP today announced that the U. S. District Court of Southern Ohio has certified a class action lawsuit filed against Wyeth (NYSE:WYE), maker of Premarin(tm), a popular hormone therapy drug used to treat vasomotor symptoms of menopause. Since its approval by the FDA in 1942, the drug has been used by millions of women in the United States alone. Since 1997, Wyeth has sold more than $1 billion worth of the drug.
Northrop Grumman Corp.
Northrop Grumman Settles Sixteen-Year-Old Lawsuit
LOS ANGELES, March 1, 2005 -- Northrop Grumman Corporation (NYSE: NOC) agreed to settle a 16-year-old complaint filed by four employees of Northrop Corporation and the U.S. Department of Justice under the qui tam provisions of the civil False Claims Act (U.S. ex rel. Rex Robinson v. Northrop Grumman Corporation).
Green Welling LLP
Green Welling Requests That ChoicePoint and Wells Fargo Remedy Their Security Breaches
SAN FRANCISCO, March 1, 2005 (PRIMEZONE) -- Following the disclosure on February 15, 2005 that Alpharetta, Georgia-based data warehouser ChoicePoint, Inc. (NYSE:CPS) compromised the private customer data of 145,000 individuals, ChoicePoint's stock price declined by nearly 20 percent. ChoicePoint learned about the privacy breach in October 2004. But in between October 2004 and February 2005, ChoicePoint's two top executives - CEO Derek Smith and President Douglas Curling - made a combined $16.6 million in profit from selling company shares. The company claims that the stock trading was prearranged under a plan approved by the company's board, but the pattern and timing of the trading raises serious questions.
SmartPros Awarded Multi-Year Contract from Gannett Fleming to Train DOT Employees for Engineering Exams
HAWTHORNE, N.Y., March 1, 2005 (PRIMEZONE) -- SmartPros Ltd. (AMEX:PED) Engineering Division, a developer of online exam preparation and continuing education courses for engineers, announced that it has entered into a multi-year contract with Gannett Fleming, Inc., for SmartPros' online PE Exam Review and FE Exam Review courses. Gannett Fleming will use the SmartPros products to train Department of Transportation employees in preparation for the Principles and Practices (PE) exam and the Fundamentals of Engineering (FE) exam.
CapSource Financial, Inc.
CapSource Financial, Inc. Announces Contract Extension with Hyundai Translead
BOULDER, Colo., March 1, 2005 (PRIMEZONE) -- CapSource Financial, Inc. (OTCBB:CPSO) announced today that it has entered into a agreement with Hyundai Translead to extend its contract to sell and distribute Hyundai trailers and parts in Mexico. Under the terms of the new contact, Hyundai grants CapSource's subsidiary RESALTA the exclusive right to sell Hyundai trailers in Mexico. In addition, the agreement provides a credit facility to RESALTA to facilitate RESALTA's inventory of Hyundai trailers in Mexico. The new agreement extends the relationship between the firms through November 2007.
'Talking to Your Doctor 101:' Women Need to Ask The Right Questions
WILMINGTON, Del., March 1, 2005 (PRIMEZONE) -- New tips and talking points women can use to help guide conversations they have with their doctor are now available on the website of the national health education movement, Embracing Women's Health: http://www.embracingwomenshealth.com/learn/. The guide -- "Talking to Your Doctor 101" -- can help women get the most from doctor visits and was developed by members of the LLuminari(r) network of health experts and physicians including Marianne J. Legato, MD, FACP, founder and director of the Partnership for Gender-Specific Medicine at Columbia University.