latest news releases from the newsroom
Zimmerman Reed Announces Filing of Shareholder's Lawsuit Against Officers and Directors of Possis Medical, Inc. -- POSS
MINNEAPOLIS, July 15, 2005 (PRIMEZONE) -- The law firm of Zimmerman Reed PLLP announced today that it has filed, along with Lerach Coughlin Stoia Geller Rudman & Robbins, LLP ("Lerach Coughlin"), a class action lawsuit in the United States District Court for the District of Minnesota, on behalf of investors in Possis Medical, Inc. (NASDAQ:POSS) who purchased common stock on the open market between September 25, 2002 and August 24, 2004 (the "Class Period").
Overseas Shipholding Group, Inc.
Second Quarter 2005 Earnings Call Logistics
NEW YORK, July 15, 2005 (PRIMEZONE) -- Overseas Shipholding Group, Inc. (NYSE:OSG) announced today that it plans to release its second quarter fiscal 2005 earnings on Thursday, August 4, 2005, prior to market open, and will host a conference call at 11:00 a.m. ET on the same day to discuss results for the quarter. All shareholders and other interested parties are invited to participate by calling (800) 322-0079 within the United States and (973) 409-9258 for international calls. A webcast of the conference call will be available on Overseas Shipholding Group's website at http://www.osg.com in the Investor Relations Events and Webcast section.
Harwood Feffer LLP
Wechsler Harwood LLP Commences Class Action Law Suit Against Lazard Ltd. and Certain Officers in Connection With Lazard's Initial Public Offering
NEW YORK, July 15, 2005 (PRIMEZONE) -- The law firm of Wechsler Harwood LLP ("Wechsler Harwood") announced that it filed a class action lawsuit on July 14, 2005 in the United States District Court for the Southern District of New York on behalf of all persons who purchased or otherwise acquired the common stock of Lazard, Ltd. ("Lazard" or the "Company") (NYSE:LAZ) pursuant and/or traceable to the Company's false and misleading Registration Statement/Prospectus (the "Prospectus"), together with those who purchased their shares in the open market between May 4, 2005 and May 12, 2005 inclusive (the "Class Period") against defendants Lazard and certain officers of the Company.
San Diego Gas & Electric
SDG&E, California Parties Settle Claims Against Enron
SAN DIEGO, July 15, 2005 (PRIMEZONE) -- San Diego Gas & Electric (SDG&E) today announced that it has settled its case against Enron Corp. for energy-crisis overcharges. While the exact figure is still being negotiated, SDG&E expects to receive up to $20 million from Enron. The settlement is part of a broader agreement involving other major California utilities, and the states of California, Oregon, and Washington.
Congressman Kevin Brady
Houston Business and Industry Leaders Challenge Congressional Delegation to Support CAFTA
MEDIA ADVISORY, July 15, 2005 (PRIMEZONE) -- U.S. Congressman Kevin Brady, U.S. Congressman Mike McCaul, Port of Houston Chairman Jim Edmonds, Greater Houston Partnership CEO Jeff Moseley, Houston Hispanic Chamber of Commerce CEO Iris Correa, and other business, civic, and industry leaders will join together and challenge Texas' Congressional delegation and specifically the Houston delegation to support the Central America Free Trade Agreement at a press conference this Monday, July 18 at 10 a.m. at the Port of Houston Authority.