latest news releases from the newsroom
Wolters Kluwer Corporate & Financial Services Acquires PCi Corporation
NEW YORK, Dec. 10, 2004 (PRIMEZONE) -- Wolters Kluwer Corporate & Financial Services, a division of Wolters Kluwer nv, today announced the acquisition of PCi Corporation, a leading provider of lending compliance management solutions in the United States. PCi Corporation's core competencies include compliance expertise and automated work flow solutions for complying with Fair Lending, the Community Reinvestment Act (CRA), the Home Mortgage Disclosure Act (HMDA), and predatory lending requirements, as well as flood hazard determinations, commercial loan automation, and Marketing Customer Information File (MCIF) solutions.
Harwood Feffer LLP
Merck & Co., Inc. Sued by Wechsler Harwood LLP - MRK
NEW YORK, Dec. 10, 2004 (PRIMEZONE) -- Wechsler Harwood LLP ("Wechsler Harwood") announces that it has sued Merck & Co., Inc. ("Merck" or the "Company") (NYSE:MRK) and certain of its officers and directors, in the United States District Court for the Eastern District of Louisiana. The shareholder lawsuit, filed under Sections 11 and 15 of the Securities Act of 1933, is on behalf of all persons and entities who acquired the common stock of Merck between April 26, 2002 and September 30, 2004 (the "Class Period") through Merck's Stock Investment Plan (the "MSIP"). Such stock was issued under the MSIP registration statement (the "Registration Statement") dated April 26, 2002, and prospectuses (the "Prospectuses") dated April 26, 2002, May 1, 2002, and June 10, 2004. The complaint (the "Complaint") alleges that Merck together with its officers and directors, violated the federal securities laws by issuing a series of materially false and misleading statements to the market that were incorporated into the Registration Statement and Prospectuses, in connection with the safety of its drug Vioxx, or failed to make statements necessary to make those previously made statements not materially false and misleading. These misstatements had the effect of materially overstating Merck's actual and projected revenues and earnings and rendering the Registration Statement and Prospectuses materially false and misleading, resulting in damages to MSIP investors.
And the Halftime Winner is . . . (Drum Roll) . . . Gridiron Sizzles with Church's Chicken(tm) Battle of the Bands at SWAC Championship
ATLANTA, Dec. 10, 2004 (PRIMEZONE) -- There will be more than one score and more than one winner of Saturday's SWAC Championship game. Church's Chicken has announced the sponsorship of a Battle of the Bands between competitors Southern University and Alabama State University. Each band will perform their rendition of the Church's Chicken theme song, "We Want the Crunch," (a new version of Parliament's 1970's hit, "Give Up the Funk"), a rhythmic tune that lends itself to the rich traditions of show-style marching bands. Church's Chicken will award $5,000 to the band whose fans show the loudest support for their school's style and showmanship at Legion Field in Birmingham.
Turnaround Partners, Inc.
Naked Short Selling Special Report Sunday Night with Attorney Wes Christian on 'Corporate Strategies with Tim Connolly' Sunday, December 12th at 9:00 PM EDT
HOUSTON, Dec. 10, 2004 (PRIMEZONE) -- A special two hour, live call in report on Naked Short Selling with attorney Wes Christian and other guest experts will air Sunday night, December 12 from 9-11 p.m. EDT. A recent Analysis of Persistent Failures to Deliver securities completed by Dr. Leslie Boni, former visiting financial economist at the Securities and Exchange Commission, will also be discussed. Listeners may call in questions live and toll free to Wes and Tim Connolly at 1-866-606-TALK (8255). Recent guests have included Enterprise Products CEO Dan Duncan, Celgene's CEO John Jackson, Landry's CEO Tilman Fertitta, Tobin Smith, John Murphy, Mario Gabelli, former SEC Chairman Arthur Levitt, former Compaq CEO Eckard Pfeiffer, Money Manager Louis Navellier, and many others. The Business TalkRadio Network Show may be heard on KSEV AM 700 in Houston, on over 375 affiliate stations nationwide listed at CRN1 www.cableradionetwork.com, or on the Internet at www.businesstalkradio.net. This two hours of "Corporate Strategies with Tim Connolly" is hosted by Tim Connolly of Corporate Strategies Merchant Bankers (www.corporate-strategies.net). Noted Economist Mike King of Princeton Research provides live technical analysis for the show.
AmeriChip International, Inc.
AmeriChip Tool and Abrasives Appointed Clark Air Systems Distributor
PLYMOUTH, Mich., Dec. 10, 2004 (PRIMEZONE) -- Mr. Ed Rutkowski, President of AmeriChip Tool and Abrasives, LLC (www.americhipta.com) (wholly owned subsidiary of AmeriChip International Inc.) (OTCBB:ACHI) is pleased to report that it has been appointed as a distributor for Clark Air Systems of East Aurora, N.Y. (www.clarkair.com). Since 1975, Clark Air Systems has provided solutions to industrial and commercial air quality problems carrying a complete line of air cleaning equipment to achieve indoor air quality goals.
Roy Jacobs & Associates
Roy Jacobs & Associates Announces Class Action Lawsuit Brought On Behalf Of Geopharma, Inc. Purchasers -- GORX
NEW YORK, Dec. 10, 2004 (PRIMEZONE) -- Roy Jacobs & Associates filed a class action lawsuit on December 2, 2004, in the United States District Court for the Southern District of New York on behalf of all purchasers who, on December 1, 2004, purchased GeoPharma, Inc. (Nasdaq:GORX) securities. The lawsuit was filed against GeoPharma, Inc. ("GeoPharma" or "the Company), and its President, Kotha Sekharam.