latest news releases from the newsroom
The Pomerantz Firm Reminds Force Protection Investors of May 9 Deadline
NEW YORK, May 2, 2008 (PRIME NEWSWIRE) -- May 9 is the deadline for qualified investors of Force Protection, Inc. ("Force Protection" or the "Company") (Nasdaq:FRPT) to request that the Court appoint you as lead plaintiff for the class in the pending class action. Pomerantz Haudek Block Grossman & Gross LLP ("Pomerantz") filed a class action lawsuit in the United States District Court, District of South Carolina, Charleston Division, against the Company and certain officers of the Company. The class action was filed on behalf of purchasers of the securities of the Company during the period from August 14, 2006 - February 29, 2008, inclusive (the "Class Period"). The complaint alleges violations of Section 10(b) and Section 20(a) of the Securities Exchange Act, and Rule 10b-5 promulgated there under. If you wish to review a copy of the Complaint, to discuss this action, or have any questions, please contact Teresa L. Webb (firstname.lastname@example.org) of the Pomerantz Firm at 888.476.6529 (or 888.4-POMLAW), toll free. Those who inquire by e-mail are encouraged to include their mailing address and telephone number.
The Brualdi Law Firm
The Brualdi Law Firm P.C. Announces Class Action Lawsuit Against Candela Corporation
NEW YORK, May 2, 2008 (PRIME NEWSWIRE) -- The Brualdi Law Firm P.C. announced today that a class action lawsuit has been filed in the United States District of Massachusetts on behalf of all purchasers of securities of Candela Corporation (Nasdaq:CLZR) from February 1, 2006 through August 21, 2007, inclusive (the "Class Period").
The Brualdi Law Firm
The Brualdi Law Firm P.C. Announces Class Action Lawsuit Against Credit Suisse Group
NEW YORK, May 2, 2008 (PRIME NEWSWIRE) -- The Brualdi Law Firm P.C. announced today that a class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of all persons who purchased or acquired the American Depositary Receipts ("ADRs") of Credit Suisse Group ("Credit Suisse" or the "Company") (NYSE:CS) who purchased Credit Suisse stock between February 15, 2007 and February 19, 2008 (the "Class Period").
Wilshire Bancorp, Inc.
Wilshire Bancorp to Present At D.A. Davidson Investor Conference
LOS ANGELES, May 2, 2008 (PRIME NEWSWIRE) -- Wilshire Bancorp, Inc. (Nasdaq:WIBC), the holding company for Wilshire State Bank, today announced that Joanne Kim, President and CEO, and Alex Ko, SVP and CFO, are scheduled to present at the D.A. Davidson 10th Annual Investor Conference at the Bell Harbor Conference Center in Seattle. Wilshire's presentation is scheduled for Thursday, May 8, 2008, at 2:15 p.m. PDT.
First Horizon National Corporation
First Horizon Successfully Completes Offering With Over-Allotment
MEMPHIS, Tenn., May 2, 2008 (PRIME NEWSWIRE) -- First Horizon National Corp. (NYSE:FHN) has completed the previously announced public offering of 60 million shares of its common stock at $10.00 per share. Goldman, Sachs & Co. and UBS Investment Bank, joint book-running managers for the offering, took advantage of the option to purchase all 9 million over-allotment shares. The resulting net proceeds of more than $660 million will be used by First Horizon for general corporate purposes.
Simplicity Bancorp, Inc.
K-FED Bancorp Announces Third Quarter Earnings
COVINA, Calif., May 2, 2008 (PRIME NEWSWIRE) -- K-FED Bancorp (Nasdaq:KFED), the parent company of Kaiser Federal Bank, reported net income of $1.3 million or $0.10 per diluted share for the quarter ended March 31, 2008. This represents a 19% increase over net income of $1.1 million for the same period last year. The increase was primarily the result of an increased net interest margin resulting from a higher yielding loan portfolio.
National Corn Growers Association
NCGA Calls Latest Farm Bill a Major Move Forward
ST. LOUIS, May 2, 2008 (PRIME NEWSWIRE) -- The National Corn Growers Association (NCGA) is pleased the latest version of the farm bill, as agreed to early Friday, includes an optional market-based revenue countercyclical program. Lawmakers appear to have reached a tentative agreement on most major provisions of the bill. The House and Senate approved a two-week extension of the bill to allow the conference to complete its work on the agreement's details.
WSFS Financial Corporation
WSFS Buys Majority Ownership in Reverse Mortgage Business
WILMINGTON, Del., May 2, 2008 (PRIME NEWSWIRE) -- WSFS Financial Corporation (Nasdaq:WSFS), the parent company of WSFS Bank, today announced the purchase of a majority stake in 1st Reverse Financial Services, LLC (1st Reverse), an Illinois-based reverse mortgage company specializing in wholesale reverse mortgage lending through brokers and financial institutions throughout the United States. 1st Reverse generates fee income by providing high-touch training, underwriting and loan processing to its bank and mortgage broker customers to enable them to offer reverse mortgages in their markets.