latest news releases from the newsroom
Murray, Frank & Sailer LLP
Class Action Lawsuit Filed On Behalf of Purchasers of Certain Morgan Stanley And Van Kampen Family of Funds Against Morgan Stanley And Van Kampen Funds By Rabin, Murray & Frank LLP -- VTFAX, ACGIX, MVUAX, VKHYX
NEW YORK, Nov. 14, 2003 (PRIMEZONE) -- A class action lawsuit has been filed in United States District Court for the Southern District of New York, case number 03-CV-8941, on behalf of all persons or entities who purchased or otherwise acquired Van Kampen Technology Fund (Nasdaq:VTFBX) (Nasdaq:VTFCX); Van Kampen Growth and Income Fund (Nasdaq:ACGJX) (Nasdaq:ACGKX) (Nasdaq:ACGLX); Van Kampen Value Fund (Nasdaq:MVUBX) (Nasdaq:MVUCX); Van Kampen High Yield Fund (Nasdaq:VHYBX) (Nasdaq:VHYCX) mutual funds between October 1, 1999 and December 31, 2002, (the "Class Period"). The complaint names Morgan Stanley; Morgan Stanley DW Inc. ("MSDW"); Morgan Stanley Investment Advisors, Inc.; Morgan Stanley Advisors LP; Van Kampen Investments Inc.; Van Kampen Asset Management Inc.; and each of the Funds.
Murray, Frank & Sailer LLP
Class Action Filed On Behalf of Purchasers of Morgan Stanley and Van Kampen Family of Funds Against Certain Morgan Stanley and Van Kampen Funds By Rabin, Murray & Frank LLP -- MSGAX, VAGAX, ACENX, VGRAX
NEW YORK, Nov. 14, 2003 (PRIMEZONE) -- A class action lawsuit has been filed in United States District Court for the Southern District of New York, case number 03-CV-8941, on behalf of all persons or entities who purchased or otherwise acquired Van Kampen Global Equity Allocation Fund (Nasdaq:MSGBX) (Nasdaq:MSGCX); Van Kampen Aggressive Growth Fund (Nasdaq:VAGBX) (Nasdaq:VAGCX); Van Kampen Enterprise Fund (Nasdaq:ACEOX) (Nasdaq:ACEPX); Van Kampen Growth Fund (Nasdaq:VGRBX) (Nasdaq:VGRCX) mutual funds between October 1, 1999 and December 31, 2002, (the "Class Period"). The complaint names Morgan Stanley; Morgan Stanley DW Inc. ("MSDW"); Morgan Stanley Investment Advisors, Inc.; Morgan Stanley Advisors LP; Van Kampen Investments Inc.; Van Kampen Asset Management Inc.; and each of the Funds.
Port of Houston Authority
Port Authority Commission Considers Contract Awards for Legislative Consultants
HOUSTON, Nov. 14, 2003 (PRIMEZONE) -- The Port of Houston Authority (PHA) commission will consider several recommendations involving contract awards, bids and proposals, professional services and general administrative and operational matters during its meeting on Monday, November 17 in the 4th floor board room of the PHA Executive Office Building, located at 111 East Loop North (Exit 29 off Loop 610). Chairman Jim Edmonds will preside over the meeting, which is open to the public.
Spector Roseman Kodroff & Willis, P.C.
Spector, Roseman & Kodroff, P.C. Announces the Filing of a Class Action Suit Against Alliance Capital Inc.'s AllianceBernstein Mutual Funds -- AC, AGRFX, CABDX, ABVAX
PHILADELPHIA, Nov. 14, 2003, (PRIMEZONE) -- The law firm of Spector, Roseman & Kodroff, P.C. announces that a class action lawsuit was commenced in the United States District Court for the Southern District of New York, on behalf of persons who purchased or otherwise acquired, sold, or owned shares in any of Alliance Capital, Inc.'s AllianceBernstein Family of Mutual Funds ("AllianceBernstein Funds") between October 2, 1998 and September 29, 2003, inclusive (the "Class Period").
Seeger Weiss LLP
Seeger Weiss LLP and Del Sole Cavanaugh LLC Announce a Lawsuit Against Prandium, Inc. on Behalf of a Client who Contracted the Hepatitis-A Virus After Eating at a Chi Chi's Restaurant at the Beaver Valley Mall in Monaca, Pennsylvania
PITTSBURGH and NEW YORK , Nov. 14, 2003 (PRIMEZONE) -- The law firm of Seeger Weiss LLP, a nationally recognized complex class action and mass tort firm based in New York City, and the law firm Del Sole Cavanaugh LLC a Pittsburgh based litigation firm, announced that a lawsuit was filed today in Beaver County, Pennsylvania on behalf of a client who contracted Hepatitis-A after eating at a Prandium, Inc.'s (Pink Sheets:PRDM) Chi-Chi's restaurant at the Beaver Valley Mall in Monaca, Pennsylvania on October 5, 2003. A copy of the complaint filed in this action is available from the Court or by contacting counsel below.
Incredible Hong Kong Super Sale at Go-Today.com!
BOTHELL, Wash., Nov. 14, 2003 (PRIMEZONE) -- You choose the time of year and we'll provide you with the perfect package to Hong Kong! Whether you decide on Chinese New Year or Mid-Spring, these fantastic vacations allow you to uncover a piece of the Orient at a more than reasonable price!
ImageMax Announces Third Quarter Results
FORT WASHINGTON, Pa., Nov. 14, 2003 (PRIMEZONE) -- ImageMax, Inc. (OTCBB:IMAG) today announced results for the third quarter and nine months ended September 30, 2003. Revenues, operating loss, and net loss amounted to $9.6 million, $11.6 million and $11.9 million or $1.72 per share, respectively, for the quarter ended September 30, 2003, which included a non-cash charge that reduced the carrying value of the Company's goodwill by $11.4 million or $1.64 per share as a result of an interim impairment test performed by the Company due to the identification of impairment indicators as defined under SFAS 142 "Goodwill and Other Intangibles". This charge reduced shareholders' equity to zero and reflects the uncertainty around the Company's enterprise value. These results compared to revenues of $10.7 million, operating income of $0.3 million, and net income of $16,000 or $0.00 per share in the third quarter of 2002.
Abrams Hospitality Marketing
Travel Expert Stephanie Abrams Speaks at ARTA Board Meeting on 'Future Focus and Agency Advocacy' at Riviera Maya's Luxurious Ceiba Del Mar Spa Resort
NEW YORK, Nov. 14, 2003 (PRIMEZONE) -- If you are looking for the leaders of the Association of Retail Travel Agents (ARTA), you'll find them, and travel expert Stephanie Abrams, at Ceiba Del Mar Spa Resort on Mexico's Riviera Maya, just 20 minutes south of Cancun Airport. ARTA's Chairperson, Nancy Linares, explains, "We wanted an inspiring place with the quietude of a retreat to motivate creative thinking; a place where we'd receive exceptional service as the norm. I talked with ARTA's great friend, Stephanie Abrams, who suggested Ceiba Del Mar. I knew she was right! This is the perfect place for our complex agenda functions to flow smoothly in an atmosphere of calmness and serenity," Linares continues. "The positive energy here inspires creativity!"
PetroKazakhstan Inc - Board Member Retirement
CALGARY, Alberta, Nov. 14, 2003 (PRIMEZONE) -- Mr. Bernard F. Isautier, Chairman of the Board of Directors of PetroKazakhstan Inc. ("PetroKazakhstan") announces the retirement of Mr. Robert P. Kaplan from PetroKazakhstan's Board of Directors, effective Friday, November 14th, 2003. Mr. Kaplan has been a Director for about 10 years, including the position of Chairman of the Board from 1998 to 1999.
Network Installation Corporation
Network Installation Awarded Wireless Contract From City Of Barstow, CA
IRVINE, Calif., Nov. 14, 2003 (PRIMEZONE) -- Network Installation Corp. (OTCBB:NWIS) announced today that it has been awarded a wireless IT solutions contract by the city of Barstow, CA. The contract entails Network Installation's design and implementation of a wireless network utilizing Motorola's flagship wireless solution "The Canopy," thereby providing connectivity of the Barstow City Police headquarters with a new patrol facility. The wireless network will provide a secure voice and data connection between the two facilities.