latest news releases from the newsroom
Chitwood & Harley
Chitwood & Harley Reminds Investors of December 31 Lead Plaintiff Filing Deadline and of Availability of FBI Affidavit in Securities Fraud Suit Against Tenet Healthcare Corporation; FBI Affidavit Available on our Website -- THC
ATLANTA, Dec. 18, 2002 (PRIMEZONE) -- Chitwood & Harley previously announced the filing on November 4th of the initial class action suit filed in the United States District Court for the Central District of California against Tenet Healthcare Corporation on behalf of all persons who purchased or otherwise acquired the securities of Tenet Healthcare Corporation ("Tenet" or the "Company") (NYSE:THC) from October 3, 2001 through October 31, 2002, inclusive (the "Class Period"). If you are interested in serving as a lead plaintiff in this action, the deadline to file papers seeking your appointment is December 31, 2002. There are certain legal requirements to serve as lead plaintiff, which we would be happy to discuss with you. Any member of the purported class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. If you wish to discuss this action or have any questions concerning this notice or your rights with respect to this matter, you may contact Jennifer Morris at 1-888-873-3999 (toll-free) or by e-mail at email@example.com.
Chitwood & Harley
6 Days Left to File Lead Plaintiff Papers, Chitwood & Harley Reminds Investors of Cigna Corp. in Securities Fraud Suit -- CI
ATLANTA, Dec. 18, 2002 (PRIMEZONE) -- Chitwood & Harley reminds investors that December 24, 2002 is the deadline by which class members must file papers requesting appointment as a lead plaintiff, if interested in serving in this role, in the securities class action law suit against CIGNA Corp. ("CIGNA" or the "Company") (NYSE:CI). You are a class member if you purchased or otherwise acquired the securities of CIGNA between May 2, 2001 through October 24, 2002, inclusive (the "Class Period"). The lawsuit, previously filed by Chitwood & Harley in the Eastern District of Pennsylvania, alleges that CIGNA and other defendants, including H. Edward Hanway, Chief Executive Officer, President and Chairman of the Board; James G. Stewart, Chief Financial Officer and Executive Vice President; and James A. Sears, Chief Accounting Officer, violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, and Rule 10b-5 promulgated thereunder, by issuing a series of materially false and misleading statements to the market. On November 1, 2002 CIGNA disclosed that the Securities and Exchange Commission ("SEC") had launched an inquiry into the company. A copy of the complaint can be viewed at www.classlaw.com.
Interland Event to be Broadcast by Vcall over the Internet
RICHMOND, Va., Dec. 18, 2002 (PRIMEZONE) -- Interland, Inc. (Nasdaq:INLD) will broadcast its quarterly results event on Thursday, 12/19/2002, at 4:30 PM Eastern, Vcall, a Service of WILink, announced today. This event webcast can be accessed at http://www.vcall.com/EventPage.asp?ID=82907
Armagh Group/SmartVideo and Westgate Resorts Sign a Master Service Agreement
ATLANTA, Dec 18, 2002 (PRIMEZONE) -- Armagh Group, Inc. (OTCBB:AMGH) today announced the signing of a Master Service Agreement between its recently acquired SmartVideo unit, a leading provider of video distribution to the dial-up and broadband Internet user, and Westgate Resorts. Westgate Resorts is one of the largest privately held and fastest-growing companies in vacation ownership with more than 180,000 owners.
CardinalCommerce Partners With PayNet; Another Merchant Services Provider Chooses Cardinal Centinel
MENTOR, Ohio, Dec. 18, 2002 (PRIMEZONE) -- Today, CardinalCommerce Corporation announced that PayNet Merchant Services has agreed to partner with CardinalCommerce and provide the Cardinal Centinel(TM) merchant authentication software to its customers. Cardinal Centinel is a software authentication platform that supports credit card industry initiatives to reduce the incidence of online fraudulent transactions and guarantee payments to online merchants. Cardinal Centinel makes it easy for merchants to increase sales by participating in these programs and integrating them into their electronic shopping sites.
Armagh Group/SmartVideo Partners With b/media
ATLANTA, Dec 18, 2002 (PRIMEZONE) -- Armagh Group, Inc. (OTCBB:AMGH) today announced the signing of a Master Service Agreement between its recently acquired SmartVideo unit, a leading provider of video distribution to the dial-up and broadband Internet user, and b/media. Schaumberg, Ill.-based b/media is an award winning Media Solutions agency whose portfolio of clients include such internationally known companies as Coca-Cola, Ameritrade, Intuit, Dreyer's Grand Ice Cream, Wilson Sporting Goods and more.
UTi Worldwide's Underwriters Exercise Over-Allotment Option for Follow-On Public Offering
RANCHO DOMINGUEZ, Calif., Dec. 18, 2002 (PRIMEZONE) -- UTi Worldwide Inc. (Nasdaq:UTIW) today announced that the underwriters of its recent follow-on public offering of 5,000,000 ordinary shares, priced at $23.00 per share before underwriting discounts and commissions, have exercised their over-allotment option to purchase an additional 750,000 shares. In the over-allotment option, UTi Worldwide is issuing 600,000 ordinary shares and an existing shareholder of the company is selling 150,000 previously issued and outstanding ordinary shares.