latest news releases from the newsroom
Reinhardt Wendorf & Blanchfield
Reinhardt Wendorf & Blanchfield Commences Class Action Against Franklin Resources, Inc. and Certain of its Affiliates, Daniel Calugar, Security Brokerage, Inc., and DCIP, L.P. on Behalf of Purchasers of The Franklin Family of Funds -- AGEFX, FISAX, FGRAX, FRALX
ST. PAUL, Minn., Feb. 13, 2004 (PRIMEZONE) -- Reinhardt Wendorf & Blanchfield announces that a class action lawsuit was filed in the United States District of the Northern District of California on February 12, 2004, on behalf of purchasers of Franklin Aggressive Growth Fund (Nasdaq:FRAAX), (Nasdaq:FKABX), (Nasdaq:FKACX), (Nasdaq: FKARX); Franklin Biotechnology Discovery Fund (Nasdaq:FBDIX); Franklin DynaTech Fund (Nasdaq:FDNBX), (Nasdaq:FDYNX); Franklin Global Communications Fund (Nasdaq:FRGUX); and other securities of the Franklin family of funds (the "Funds") operated by Franklin Resources, Inc. (NYSE:BEN) and its subsidiaries between February 6, 1999 and February 4, 2004, inclusive (the "Class Period"), seeking remedies under the Securities Exchange Act of 1934, the Securities Act of 1933 and the Investment Advisers Act of 1940.
Much Shelist Freed Denenberg Ament & Rubenstein
Royal Dutch Petroleum Company and the Shell Transport and Trading Company, PLC are Sued by Chicago Law Firm Much Shelist for Securities Fraud -- RD, SC
CHICAGO, Feb. 13, 2004 (PRIMEZONE) -- Much Shelist Freed Denenberg Ament & Rubenstein, P.C. announces that it has sued Royal Dutch Petroleum Company (NYSE:RD) ("Royal Dutch") and the Shell Transport and Trading Company, PLC (NYSE:SC) ("Shell Transport") and certain of their officers and directors, in the United States District Court for the District of New Jersey. The shareholder lawsuit is on behalf of all persons and entities who purchased the American Depository Receipts (ADR's) of Royal Dutch and/or Shell Transport (collectively "Royal Dutch/Shell") between December 3, 1999 and January 9, 2004, inclusive ("Class Period").
Parker Waichman Alonso LLP
MCI WorldCom Files Request for 60 Day Extension with U.S. Bankruptcy Court; Shares of WCOEQ and MCWEQ are now Likely to be Cancelled by April 30, 2004, Reports Parker & Waichman
NEW YORK, Feb. 13, 2004 (PRIMEZONE) -- Parker & Waichman (http://www.worldcomstockfraud.com) announces that shares of MCI WorldCom (WCOEQ, MCWEQ & MCIAV) trading under the symbols (Pink Sheets:WCOEQ) and (Pink Sheets:MCWEQ) will likely be cancelled before April 30, 2004. The anticipated delay in the cancellation of these shares is a result of MCI WorldCom filing a request with the U.S. Bankruptcy Court for a 60 day extension. MCI WorldCom's previous deadline to emerge from bankruptcy was February 28, 2004. When MCI WorldCom emerges from bankruptcy it is likely that the shares of WCOEQ and MCWEQ will be cancelled and new shares of the company will be issued, leaving existing shareholders with stock of little or no value. These "new" shares are currently trading on a "when issued" basis under the symbol MCIAV. MCI WorldCom shareholders can request a free lawsuit case evaluation at www.worldcomstockfraud.com and www.worldcomemployeelawsuit.com .
The Soy Daily
The Major Brand of Soy News for Consumers and Business Urges Everyone to `Think Soy Daily'
LAGUNA, Calif., Feb. 13, 2004 (PRIMEZONE) -- February is "Heart Month" as designated by the American Heart Association. The U.S. Government started a revolution in diet when in October 1999, it stated among other things that "25 grams of soy protein a day may reduce the risk of heart disease." Launched a year later in 2000, the successful soy promotion website publication, The Soy Daily(tm), www.thesoydaily.com, urges everyone to "Think Soy Daily" in February and throughout the year. Soybeans, much more than just food, prove time and time again good for the body, good for the economy, and good for the environment.
Murray, Frank & Sailer LLP
Rabin, Murray & Frank LLP Commences Class Action Against Redback Networks, Inc. and Certain of Its Officers and Directors Alleging Violations of Federal Securities Law -- RBAK, RBAKQ
NEW YORK, Feb. 13, 2004 (PRIMEZONE) -- A class action lawsuit was filed in the United States District Court for the Northern District of California, case number C-04-00607-SC, on behalf of purchasers of Redback Networks, Inc. ("Redback" or the "Company") (Nasdaq:RBAK) (Nasdaq:RBAKQ), common stock between April 12, 2000 to October 10, 2003, inclusive (the "Class Period"). The complaint alleges that certain Redback senior officers ("Defendants") violated the Securities Exchange Act of 1934.
Altnet to Sell Grammy-Winning Music Via P2P Software Including Kazaa and Grokster
WOODLAND HILLS, Calif., Feb. 13, 2004 (PRIMEZONE) -- Altnet, Inc., a subsidiary of Brilliant Digital Entertainment (AMEX:BDE), the leading provider of secure digital media via peer-to-peer technology, today announced a new distribution agreement with independent record label Artemis Records. The deal makes popular acts including The Pretenders, Lisa Loeb and Steve Earle available for download on peer-to-peer programs through Altnet's distribution technology.