latest news releases from the newsroom
New Asia Gold Corp.
New Asia Gold Continues to Define Additional Gold Deposit On Kapur Project
BOCA RATON, Fla., Nov. 9, 2008 (GLOBE NEWSWIRE) -- New Asia Gold Corp. (Pink Sheets:NWAG) is getting ready to begin its exploration program on the Kapur project. Mobilization procedures have started. The initial program will consist of 4500 meters of drilling and at least 4 trenches. The results of this program will define a secondary program that will begin immediately after the initial program. As previous drilling results indicated and re-evaluation of data from 42 trenches that were previously excavated, with different degrees of mineralization, the Company feels that it has defined several additional deposits that are expected to increase proven reserves substantially. The Company has significant probable reserves where large amounts of gold have been discovered but there is not enough data obtained to date to change the probable reserve to proven reserves. This will be one of the purposes of the current drill program.
Khang & Khang LLP
Khang & Khang LLP Investigating Anadigics, Inc. On Behalf of Shareholders
LOS ANGELES, Nov. 8, 2008 (GLOBE NEWSWIRE) -- Khang & Khang LLP today announced it is investigating potential claims against Anadigics, Inc. ("Anadigics" or the "Company") (Nasdaq:ANAD), concerning possible securities violations arising from public statements made by the Company between July 24, 2007 and October 22, 2008. The investigation pertains to allegations that statements made by the Company failed to disclose or indicate the extent to which the Company was being negatively impacted by manufacturing inefficiencies, and that the Company was losing market-share because customers were turning to other sources of supply due to the Company's inability to meet its customers' demand.
Khang & Khang LLP
Khang & Khang LLP Investigating AtriCure, Inc. On Behalf of Shareholders
LOS ANGELES, Nov. 8, 2008 (GLOBE NEWSWIRE) -- Khang & Khang LLP today announced it is investigating potential claims against AtriCure, Inc. ("AtriCure" or the "Company") (Nasdaq:ATRC) concerning possible securities violations arising from public statements made by the Company between May 10, 2007 and October 31, 2008. On October 31, 2008 the Company revealed that the U.S. Department of Justice-Civil Division (the "DOJ") is investigating AtriCure's marketing practices utilized in connection with AtriCure's surgical ablation system to treat atrial fibrillation, a specific use outside the Federal Food and Drug Administration's 510(k) clearance, and investigating whether AtriCure instructed hospitals to bill Medicare for surgical ablation using incorrect billing codes.
Klayman & Toskes P.A.
Notice to All Investors of the Regions Morgan Keegan Bond Funds From the Securities Law Firm of Klayman & Toskes -- RHY, RMH, RMA, RSF
BOCA RATON, Fla., Nov. 7, 2008 (GLOBE NEWSWIRE) -- The Securities Law Firm of Klayman & Toskes, P.A. (http://www.nasd-law.com) announced today that it filed two more arbitration claims against Morgan Keegan and Regions Financial Corp. with the Financial Industry Regulatory Authority's ("FINRA") Office of Dispute Resolution. The Claims seek to recover damages sustained in four closed end funds, RMK Multi-Sector High Income Fund (NYSE:RHY), RMK High Income Fund (NYSE:RMH), RMK Advantage Income Fund (NYSE:RMA) and RMK Strategic Income Fund (NYSE:RSF), and two open ended funds, RMK Select Intermediate Bond Fund, Class A ("MKIBX") and RMK Select Intermediate Bond Fund, Class I ("RIBIX").