latest news releases from the newsroom
ISS Issues 1,314,500 New ISS Shares
COPENHAGEN, Denmark, April 24, 2002 (PRIMEZONE) -- To partly finance the acquisition of Eurogestion, ISS has today issued 1,314,500 new ISS shares. The number of issued ISS shares equals 3.11% of the total share capital of ISS prior to the new share issue.
The Capital Group Companies, Inc.'s Holdings of Total Votes of Metso Below 5 Percent
HELSINKI, Finland, April 24, 2002 (PRIMEZONE) -- With reference to Section 2, paragraph 9 of the Finnish Securities Market Act and the relevant decision of the Finnish Ministry of Finance, Metso Corporation (NYSE:MX) has been informed that the holding of the funds managed by The Capital Group Companies, Inc. (taxpayer I.D. 86-0206507) has decreased below 5 percent of the voting rights of Metso Corporation on April 17, 2002. These voting rights were as follows:
Kirby McInerney LLP
Kirby McInerney & Squire, LLP Announces Court's Rejection of Beneficial-H&R Block Class Action Settlement -- HI, HRB
NEW YORK, April 23, 2002 (PRIMEZONE) -- The law firm of Kirby McInerney & Squire, LLP announced that the U.S. Court of Appeals for the Seventh Circuit reversed the approval of a class action settlement in Reynolds, et al. v. Beneficial National Bank, H&R Block, et al. This lawsuit arose out of loans made in anticipation of tax refunds. These loans were made jointly by Beneficial National Bank (NYSE:HI) and H&R Block (NYSE:HRB), the principal defendants in the action. The effective annual interest rate on these loans frequently exceeds 100%, and the charges imposed on taxpayers frequently represent a substantial part of the expected tax refunds. The refunds often comprise most or all of a taxpayer's savings for that year.
Brower Piven, A Professional Corporation
Securities Fraud Class Periods Announced by Law Offices Of Charles J. Piven, P.A. for Gemstar-TV Guide International, Inc., Saf T Lok Corporation and Eagle Building Technologies, Inc. -- GMST, LOCK, EGBT
BALTIMORE, April 23, 2002 (PRIMEZONE) -- Law Offices Of Charles J. Piven, P.A. today announced that private securities actions requesting class action status have been initiated on behalf of purchasers of the following securities during the following periods:
Adkins, Kelston, & Zavez, P.C.
Adkins, Kelston & Zavez, P.C. Announces that it is Investigating Securities Irregularities Involving Gerber Scientific, Inc. -- GRB
BOSTON, April 23, 2002 (PRIMEZONE) -- The law firm of Adkins, Kelston & Zavez, P.C. announced today that shareholders of Gerber Scientific, Inc. (NYSE:GRB), a Connecticut based seller of automated manufacturing systems, may have claims against the company for violation of federal securities laws. According to a 15 April 2002 press release, the Corporation announced that it may have to restate its financials as a result of an SEC investigation.