latest news releases from the newsroom
Schiffrin Barroway Topaz & Kessler, LLP
Schiffrin & Barroway, LLP: ACLN, Ltd. Sued by Shareholders for Securities Violations -- ASW
BALA CYNWYD, Pa., Jan. 23, 2002 (PRIMEZONE) -- A pending class action charges ACLN, Ltd. (NYSE:ASW), Joseph Bisschops ("Bisschops"), Aldo Labiad ("Labiad") and Alex De Ridder ("Ridder") with issuing a series of material misrepresentations to the market during the Class Period, thereby artificially inflating the price of ACLN securities according to the law firm of Schiffrin & Barroway, LLP.
PIMCO Announces Promotions
NEWPORT BEACH, Calif., Jan 23, 2002 (PRIMEZONE) -- PIMCO, one of the world's leading fixed-income managers, is pleased to announce the promotion of three employees to the position of Managing Director.
Competitive Technologies, Inc.
CTT Announces Intellectual Property Marketplace Powered by the Patent & License Exchange
FAIRFIELD, Conn., Jan. 23, 2002 (PRIMEZONE) -- Competitive Technologies, Inc. (AMEX:CTT) announced today that it has established an online marketplace for its Intellectual Property (IP) powered by the Patent & License Exchange, Inc. (pl-x). The CTT private-label IP marketplace, launched on January 21, can be accessed through CTT's Website, www.competitivetech.net. CTT intellectual property and technology assets can also be accessed via the pl-x IP marketplace. This arrangement will dramatically expand the global awareness of CTT's intellectual properties for life science, physical science and digital technologies. The online marketplace was created using pl-x's IP Enterprise solution (IPES), a comprehensive browser-based business platform for IP valuing, marketing and monetizing.
Kinnevik Subsidiary to Acquire German Packaging Company
STOCKHOLM, Jan. 23, 2002 (PRIMEZONE) -- Industriforvaltnings AB Kinnevik (Nasdaq:KVIKA) (Nasdaq:KVIKB) subsidiary, Korsnas Packaging, has agreed to acquire the paper sack operations of Niedermayr Papierwarenfabrik AG, located at Rosenheim in Germany, subject to approval by the Monopolies Commission and an extraordinary meeting of the company's shareholders.