latest news releases from the newsroom
Yourman Alexander & Parekh LLP
Yourman Alexander & Parekh LLP Announces Class Action Lawsuit Against Vitesse Semiconductor Corporation -- VTSS
LOS ANGELES, May 9, 2006 (PRIMEZONE) -- Yourman Alexander & Parekh LLP, a law firm with significant experience in prosecuting claims for securities and consumer fraud, announces that a lawsuit seeking class action status has been filed on behalf of shareholders who purchased or otherwise acquired the securities of Vitesse Semiconductor Corporation ("Vitesse" or the "Company") (Nasdaq:VTSS) during the period October 23, 2003, through April 26, 2006, inclusive (the "Class Period"). The matter is pending in the United States District Court for the Central District of California.
Wolf Haldenstein Adler Freeman & Herz LLP
Wolf Haldenstein Adler Freeman & Herz LLP Continues Its Investigation and Class Action Lawsuit on Behalf of Investors in Fairfax Financial Holdings, Ltd. Debt Securities -- FFH
NEW YORK, May 9, 2006 (PRIMEZONE) -- Wolf Haldenstein Adler Freeman & Herz LLP filed the first class action following extensive research and investigation in the United States District Court, Southern District of New York, on behalf of all persons who purchased the debt securities (defined below) of Fairfax Financial Holdings, Ltd. ("Fairfax" or the "Company") (NYSE:FFH) or (TSX:FFH) between March 24, 2004 and March 21, 2006, inclusive (the "Class Period"), against defendants Fairfax and V. Prem Watsa, the Company's Chairman and CEO, alleging violations under the Securities Exchange Act of 1934 (the "Exchange Act"), 15 U.S.C. Section 78j(b) and 78t(a) and Rule 10b-5, promulgated thereunder, 17 C.F.R. Section 240.10b-5 (the "Class").
Annual General Meeting Approves Dividend of NOK 22 Per Share
OSLO, Norway, May 9, 2006 (PRIMEZONE) -- The Annual General Meeting of Norsk Hydro ASA has today adopted the Board's proposal to distribute a dividend of NOK 22.00 per share. The dividend will be paid on 23 May 2006 to shareholders listed in the Norwegian Central Securities Depository as of 9 May. The shares, including the American Depository Receipts (ADR), will be traded ex-dividend from 10 May on all the stock exchanges where the Hydro share is listed.The Annual General Meeting also approved a share split whereby one old Hydro share is converted into five new shares. The number of shares issued will thus be changed from 258,954,428 to 1,294,772,140, while the number of shares outstanding will be changed from 250,289,514 to 1,251,447,570. The split will be effective on the stock exchanges in Oslo, London, Frankfurt and Paris from 10 May, and for the ADRs the split is expected to be effective from 25 May.
Vengroff, Williams & Associates, Inc.
Vengroff, Williams & Associates Strengthens Entertainment Distribution Expertise with Addition of D3Publisher of America
GARDEN GROVE, Calif., May 9, 2006 (PRIMEZONE) -- Vengroff, Williams & Associates (VWA), a leading provider of receivable management and business process outsourcing solutions with more than 3000 worldwide customers, strengthens its entertainment distribution expertise with the addition of D3Publisher of America, Inc. (D3PA).