latest news releases from the newsroom
Scott + Scott, LLC Filed April 21, 2005 -- First Day Securities Class Action Against Doral Financial Corporation -- DRL
COLCHESTER, Conn., May 27, 2005 (PRIMEZONE) -- Scott + Scott, LLC announces that on April 21, 2005, its client filed a shareholder class action lawsuit on behalf of all purchasers of Doral Financial Corporation (NYSE:DRL) securities who purchased between October 10, 2002 and April 19, 2005 (the "Class Period"). Shares of Doral continued to drop today after the Company said that it will reduce the value of its interest-only securities by as much as $600 million and is in default on two indentures. The stock traded below $10 in the first half-hour of trading this morning. During the Class Period, the stock traded over $49.00.
The Children's Internet, Inc.
The Children's Internet Launched in Targeted Radio Advertising Campaign
PLEASANTON, Calif., May 27, 2005 (PRIMEZONE) -- The Children's Internet, Inc. (OTCBB:CITCE), the Company, and one of the Company's leading authorized resellers, Children's Safe Internet announced today a radio advertising campaign targeted at family communities in the greater San Francisco Bay Area. The 60-second radio ads are running for two weeks through June 2 on KKIQ, commonly known in the area as "the hometown station."
Dow Jones Indexes
Dow Jones Indexes Granted Temporary Restraining Order Against ISE and OCC
NEW YORK, May 27, 2005 (PRIMEZONE) -- Dow Jones Indexes was granted an extension of a Temporary Restraining Order ("TRO") against the International Securities Exchange ("ISE") and the Options Clearing Corporation ("OCC") by the Federal District Court of the Southern District of New York this morning. Dow Jones Indexes sought the TRO to prevent the ISE from listing and trading options on DIAMONDS, a unit investment trust that holds equity securities comprising the Dow Jones Industrial Average ("DIAMONDS"), and the OCC from clearing such options, without a license.
A Fight for Life -- Author Describes Family's Asbestos Tragedy
WEST POINT, Ga., May 27, 2005 (PRIMEZONE) -- Romantics will enjoy the love story and bittersweet conclusion of A Story Worth Telling (now available through AuthorHouse), a new book by Rebecca Albarado. However, the book is so much more. It is the shocking account of a man diagnosed with mesothelioma, cancer caused by asbestos exposure, at the age of 50.
Scott + Scott, LLC Files First Securities Class Action Against Friedman, Billings, Ramsey Group, Inc. On May 11, 2005 -- FBR
COLCHESTER, Conn., May 27, 2005 (PRIMEZONE) -- Scott + Scott, LLC announces that its client filed the first shareholder class action lawsuit on behalf of all purchasers of Friedman, Billings, Ramsey Group, Inc. (NYSE:FBR) securities who purchased between January 29, 2003 and April 25, 2005 (the "Class Period"). During the Class Period the stock plunged from $28.70 per share to $12.63 per share.