latest news releases from the newsroom
The Pomerantz Firm Charges Nortel Networks with Securities Fraud
NEW YORK, April 5, 2004 (PRIMEZONE) -- Pomerantz Haudek Block Grossman & Gross LLP (www.pomerantzlaw.com) has filed a class action lawsuit against Nortel Networks, Inc. ("Nortel" or the "Company") (NYSE:NT) and three of the Company's senior officers, on behalf of all persons or entities who purchased the securities of Nortel during the period April 24, 2003 and March 10, 2004 (the "Class Period"). The case was filed in the United States District Court for the Southern District of New York. The Complaint alleges that Nortel and the Company's President Frank Dunn ("Dunn"), Chief Financial Officer Douglas Beatty ("Beatty"), and Controller Michael Gollogly ("Gollogly") violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 by issuing false and misleading financial reports and statements. Throughout the Class Period, the Company's earnings were artificially inflated through accounting manipulation in violation of Generally Accepted Accounting Principles ("GAAP").
Harsco Corporation Honored for Having One of Nation's Best Investor Relations Programs
HARRISBURG, Pa., April 5, 2004 (PRIMEZONE) -- Worldwide industrial services and products company Harsco Corporation (NYSE:HSC) announced today that its investor relations (IR) program has been named one of the best in the United States in the small market capitalization category (under $2.5 billion), and Eugene Truett, the company's Director of Investor Relations, Credit and Specialized Finance, has been named for the second year in a row as one of the country's top investor relations officers in the same category.
Humana Trans Services Corp. Announces New Member of Board of Directors
HANOVER, Md., April 5, 2004 (PRIMEZONE) -- Humana Trans Services Holding Corporation (OTCBB:HTSC) (http://www.humanaservices.com), a principally engaged firm involved in employee leasing and recruitment services, announces that the Board of Directors has appointed Elliot Cole, Esq., a Partner at Washington, D.C. Law Firm Patton Boggs, LLP, as a Director of the Company, effective immediately.
Azur International Inc
Azur Launches Meritage Condominiums
MIAMI, April 5, 2004 (PRIMEZONE) -- Azur International, Inc. (OTC:AZUR.PK), a luxury residential and resort development company announced its launch of a new luxury waterfront development project, the Meritage. The Meritage, located on Hendricks Isle off Las Olas Boulevard, between Ft. Lauderdale Beach and the Las Olas shopping district, is scheduled to begin construction in June of 2004.
ICR Systems, Inc.
ICR Systems, Inc. Receives Trend Spotter Rating of "BUY" at BarChart.Com
ORLANDO, Fla., April 5, 2004 (PRIMEZONE) -- ICR Systems, Inc. (Pink Sheets:ICRM) announced it is currently being profiled at BarChart.Com with an overall "Buy" rating. On April 5, 2004, the company had a Trend Spotter(tm) rating of "BUY", a Short Term Indicator Average of 80% "BUY", a Medium Term Indicator Average of 25% "BUY" and an Overall Average of 48% "BUY."
Port of Houston Authority
PHA Delivers College Internship Program
HOUSTON -- The Port of Houston Authority (PHA) has initiated a program to sponsor several college-level internships throughout the organization. Beginning in summer 2004, the program is open to students currently enrolled in undergraduate or graduate degree programs of the following schools: