latest news releases from the newsroom
Murray, Frank & Sailer LLP
Attention LookSmart, Ltd. Investors: Rabin & Peckel LLP Commences Class Action Against Merrill Lynch & Co., Inc. and Henry Blodget Alleging Violations of Federal Securities Law -- LOOK
NEW YORK, Nov. 22, 2002 (PRIMEZONE) -- A class action complaint has been filed in the United States District Court for the Southern District of New York, civil action number 02-CV-9368, on behalf of all persons or entities who purchased or otherwise acquired LookSmart, Ltd. ("LookSmart" or the "Company") securities (Nasdaq:LOOK) between May 25, 2000 and June 25, 2001, both dates inclusive (the "Class Period"). Merrill Lynch & Co., Inc. ("Merrill Lynch") and Henry Blodget ("Blodget") are named as defendants in the complaint.
The Pomerantz Firm Files Class Action Against TXU Corp. -- TXU
NEW YORK, Nov. 22, 2002 (PRIMEZONE)-- A class action lawsuit alleging securities fraud has been filed in the United States District Court for the Northern District of Texas (Dallas Division) against TXU Corp. ("TXU" or the "Company") (NYSE:TXU) and two of the Company's senior officers. The case was filed by Pomerantz Haudek Block Grossman & Gross LLP (www.pomerantzlaw.com) on behalf of investors who purchased or otherwise acquired the securities of TXU during the period from April 25, 2002 and October 11, 2002 (the "Class Period").
United Online, Inc.
United Online Confirms it Has Not Lowered Guidance
WESTLAKE VILLAGE, Calif., Nov. 22, 2002 (PRIMEZONE) -- In response to inaccurate reports by media sources earlier today that reported the company had lowered its earnings guidance, United Online, Inc. (Nasdaq:UNTD) today stated that it had not lowered guidance and reaffirmed the guidance it had provided for its fiscal year ending June 30, 2003, and for its second fiscal quarter ending December 31, 2002. The company's guidance was included in its fiscal 2003 first-quarter earnings announcement on November 7, 2002.
Renegade Venture Corporation
Renegade Venture CEO Discusses 3rd Quarter Operating Results and Forward-Looking Estimates
TUCSON, Ariz., Nov. 22, 2002 (PRIMEZONE) -- Renegade Venture (NEV.) Corporation (OTCBB:RDVN) recently filed its third-quarter report, covering the second quarter of operations following the May 2002 acquisition of its operating subsidiary, Hamilton Aerospace Technologies, Inc. Renegade Chairman and CEO Ian Herman took the opportunity to discuss Renegade's financial results to date and expected results for the remainder of the year, and to discuss anticipated revenues for 2003 and 2004.
Emerging Company Report, Week of 11/22
LOS ANGELES, Nov. 22, 2002 (PRIMEZONE) -- Emerging Company Report is the nationally syndicated television program profiling emerging-growth companies (http://www.emergingcompany.com), featuring informative interviews with the CEOs, insights into their operations and outlooks for their futures.