latest news releases from the newsroom
Brower Piven, A Professional Corporation
Brower Piven Encourages Investors Who Have Losses in Excess of $100,000 from Investment in The First Marblehead Corporation to Inquire About the Lead Plaintiff Position in Securities Fraud Class Action Lawsuit Before June 9, 2008 Lead Plaintiff Deadline
BALTIMORE, Md., May 31, 2008 (PRIME NEWSWIRE) -- Brower Piven, A Professional Corporation announces that a class action lawsuit has been commenced in the United States District Court for District of Massachusetts on behalf of purchasers of the common stock of The First Marblehead Corporation ("First Marblehead" or the "Company") (NYSE:FMD) between August 10, 2006 and April 7, 2008, inclusive (the "Class Period"). No class has yet been certified in this action.
Infinity Pharmaceuticals, Inc.
Infinity Announces Clinical Data Confirming Activity and Safety of IPI-504, a Novel Hsp90 Inhibitor, in Patients With Refractory GIST
CHICAGO and CAMBRIDGE, Mass., May 31, 2008 (PRIME NEWSWIRE) -- Infinity Pharmaceuticals, Inc. (Nasdaq:INFI) today announced positive results from a Phase 1 clinical trial of IPI-504, the company's lead Hsp90 inhibitor, in patients with metastatic and/or unresectable gastrointestinal stromal tumors (GIST) refractory to tyrosine kinase inhibitors. Results from the study showed that patients with GIST (n=36), who were heavily pre-treated, experienced a 70 percent overall disease control rate, with three percent Partial Response and 67 percent Stable Disease at six weeks. Estimated median progression free survival for these patients was 12 weeks. Based on these results, Infinity also announced plans to initiate an international Phase 3 registration trial of IPI-504 in patients with refractory GIST under a Special Protocol Assessment agreement granted by the U.S. Food and Drug Administration (FDA), and pursuant to scientific advice received from the European Medicines Evaluation Agency.
Take Part in This Great Adventure in the Land of Dreams! -- New Picture Book Brings to Readers a Fantasy With a Moral Lesson
GREENSBORO, N.C., May 30, 2008 (PRIME NEWSWIRE) -- Sharing the world is never an easy task to achieve, especially when there are so many different kinds of people, attitudes, and cultures conflicting with each other. But no matter how daunting it is, people can still live in peace and harmony together as long as understanding and acceptance between them exists. This is the theme that author Tapan Sen shares with readers with his amazing story that will take them to a realm of fantasy and friendship in the new picture book, Beyond The Land of Dreams, released through Xlibris.
Beacon's Fixed Annuity Premium Study Reports First Quarter's Bank Channel Sales
EVANSTON, Ill., May 30, 2008 (PRIME NEWSWIRE) -- Insurance companies participating in the Beacon Research Fixed Annuity Premium Study reported strong first quarter growth in fixed annuity sales through U.S. banks(1). Overall sales of $5.2 billion were 70.1% ahead of first quarter, 2007 and up 26.1% from the prior quarter(2).
Beacon's Fixed Annuity Premium Study Reports First Quarter's Fixed Annuity Sales
EVANSTON, Ill., May 30, 2008 (PRIME NEWSWIRE) -- U.S. sales of fixed annuities were an estimated $18.8 billion in first quarter, 2008 according to new data from the Beacon Research Fixed Annuity Premium Study based on sales of 49 insurance companies representing an estimated 86% of the market(1). Overall sales were 35.2% above those of first quarter, 2007 and up 7.2% from the previous quarter.
The Brualdi Law Firm
The Brualdi Law Firm P.C. Announces Class Action Lawsuit Against TRM Corporation
NEW YORK, May 30, 2008 (PRIME NEWSWIRE) -- The Brualdi Law Firm P.C. announced today that a class action lawsuit has been commenced in the United States District Court of Oregon on behalf of purchasers of TRM Corporation (Nasdaq:TRMM) common stock during the period between Mar 16, 2006, through May 22, 2007 (the "Class Period").