latest news releases from the newsroom
Izard Nobel LLP
Schatz & Nobel, P.C. Announces Class Action Lawsuit against Arbinet-Thexchange, Inc. -- ARBX
HARTFORD, Conn., Sept. 7, 2005 (PRIMEZONE) -- The law firm of Schatz & Nobel, P.C., which has significant experience representing investors in prosecuting claims of securities fraud, announces that a lawsuit seeking class action status has been filed in the United States District Court for the District of New Jersey on behalf of all persons who purchased the Common stock of Arbinet-Thexchange, Inc (Nasdaq:ARBX) ("Arbinet" or "the Company") pursuant or traceable to Arbinet's December 16, 2004 initial public offering ("IPO" or the "Offering").
Izard Nobel LLP
Schatz & Nobel, P.C. Announces Class Action Lawsuit Against Mannatech, Inc. -- MTEX
HARTFORD, Conn., Sept. 7, 2005 (PRIMEZONE) -- The law firm of Schatz & Nobel, P.C., which has significant experience representing investors in prosecuting claims of securities fraud, announces that a lawsuit seeking class action status has been filed in the United States District Court for the District of New Mexico on behalf of all persons who purchased the securities of Mannatech, Inc (Nasdaq:MTEX) ("Mannatech" or "the Company") between August 10, 2004, and May 8, 2005 (the "Class Period").
Zimmerman Reed Announces Shareholder Class Action Lawsuit Against Buca
MINNEAPOLIS, Sept. 7, 2005 (PRIMEZONE) -- Zimmerman Reed law firm announces its filing this week of a class action lawsuit in the United States District Court for the District of Minnesota on behalf of shareholders in Buca, Inc. The class action is on behalf of all persons who purchased the common stock of Buca, Inc. (Nasdaq:BUCA) ("Buca" or the "Company") during the period of February 6, 2001, through and including March 11, 2005, and who were damaged by the decline of the Buca stock. The shareholders are seeking remedies under the Securities Exchange Act of 1934 (the "Exchange Act"). The action is against Buca, Inc., Joseph Micatrotto, Pete Mihajlov and Greg A. Gadel ("Defendants").
Emtec, Inc. Announces Tender Offer to Purchase Up to 2,864,584 Shares of Its Shares
TRENTON, N.J., Sept. 7, 2005 (PRIMEZONE) -- Emtec, Inc. (OTCBB:ETEC) today announced that it has commenced a tender offer to purchase up to 2,864,584 shares of its outstanding common stock at a price per share of $1.92. As of September 6, 2005, Emtec had approximately 17,204,134 shares outstanding.
MQ Associates, Inc.
MQ Associates, Inc. and Medquest, Inc. Announce Successful Completion of Consent Solicitations
ALPHARETTA, Ga., Sept. 7, 2005 (PRIMEZONE) -- MQ Associates, Inc. ("MQ Associates") and MedQuest, Inc. ("MedQuest" and, together with MQ Associates, the "Company") today announced that they have consummated the consent solicitations and effected certain amendments to (i) the outstanding 12-1/4% Senior Discount Notes due 2012 of MQ Associates (the "12-1/4% Notes") and the related indenture dated as of August 24, 2004 and (ii) the outstanding 11-7/8% Senior Subordinated Notes due 2012 of MedQuest (the "11-7/8% Notes" and, together with the 12-1/4% Notes, the "Notes") and the related indenture dated as of August 15, 2002.
Beacon's Fixed Annuity Premium Study Reports Second Quarter's Best-Selling Products
EVANSTON, Ill., Sept. 7, 2005 (PRIMEZONE) -- MasterDex, an Allianz Life (NYSE:AZ) indexed annuity, was second quarter's top-selling product in the Beacon Research Fixed Annuity Premium Study for the fourth consecutive period. Two book value products -- New York Life's LifeStages/MainStay Single Premium Fixed Annuity(1) and Genworth Financial's (NYSE:GNW) Capital Provider Advantage -- were number two and three, respectively. The ING US (NYSE:ING) Secure Index annuity took fourth place, while Allstate Financial's (NYSE:ALL) Preferred Performance (a book value product) came in fifth. Second quarter sales were reported for some 213 products by 47 participating insurance companies.
Film & Music Entertainment
Film and Music Entertainment Announces 4th Film for '05
HOLLYWOOD, Sept. 7, 2005 (PRIMEZONE) -- Film and Music Entertainment, Inc. (Pink Sheets:FLME) announced today it will begin production on a new film, "Cheeseheads." The Company will begin preproduction in November and will commence principle photography in December. "Cheeseheads," written by Kenwood Youmans, is a compelling, funny and heartwarming story of a group of die hard loyal Green Bay Packer fans who search for season tickets and how it affects their lives.