latest news releases from the newsroom
Ericsson Organizes to Adapt to Customer Needs
STOCKHOLM, Sweden, April 22, 2002 (PRIMEZONE) -- Ericsson (Nasdaq:ERICY) will form a new business unit by merging Mobile Systems with Multi-Service Networks. The new business unit will be headed by Bert Nordberg.
Apovia Raises Euro 19 Million in Private Financing Round
MARTINSRIED, Germany, April 22, 2002 (PRIMEZONE) -- Apovia AG, the biopharmaceutical company focused on the prevention and treatment of infectious diseases through vaccines, today announced the closing of a EUR 19 million (U.S. $17.1 million) third round financing led by Heidelberg Innovation. Other investors include Genavent, Societe Generale Asset Management and VCH Equity Group AG as well as the existing investors 3i, Global Life Science Holding II GmbH and Oxford Bioscience Partners and private individuals. Arthur Andersen Corporate Finance acted as advisers to Apovia.
Much Shelist Freed Denenberg Ament & Rubenstein
Much Shelist Announces Class Periods for Class Action Suits on Behalf of Purchasers of Securities in L90, Inc., Saf T Lok, Inc., Stillwater Mining Company and ViroPharma, Inc. -- LNTYE, LOCK, SWC, VPHM
CHICAGO, April 19, 2002 (PRIMEZONE) -- Much Shelist Freed Denenberg Ament & Rubenstein, P.C. announces that class action lawsuits are pending in various federal courts on behalf of purchasers of the following securities during the periods set forth below:
Berger & Montague PC
Berger & Montague, P.C. Sues Adelphia Communications Corporation and Certain of its Officers and Directors on Behalf of Purchasers of Securities Between January 19, 2001 and April 1, 2002 -- ADLAC
PHILADELPHIA, April 19, 2002 (PRIMEZONE) -- On April 3, 2002, the law firm of Berger & Montague, P.C. (http://www.bergermontague.com) filed a class action suit against Adelphia Communications Corporation ("ADLAC") (Nasdaq:ADLAC) and certain of its principal officers and directors, John J. Rigas, James P. Rigas, Michael J. Rigas and Timothy J. Rigas, in the United States District Court for the Eastern District of Pennsylvania on behalf of all persons or entities who purchased ADLAC securities, including common stock and/or notes, between January 19, 2001 and April 1, 2002, inclusive (the "Class Period").
Berger & Montague PC
Shareholder Class Action Filed Against Medi-Hut Co., Inc. by the Law Firm of Berger & Montague, P C. for Purchases April 4, 2000 Through February 4, 2002 -- MHUT
PHILADELPHIA, April 19, 2002 (PRIMEZONE) -- Berger & Montague, P.C. filed a class action against Medi-Hut Co. (Nasdaq:MHUT) and certain of its officers and directors in the United States District Court for the District of New Jersey, on behalf of all persons or entities who purchased MHUT common stock during the period from April 4, 2000 through February 4, 2002.