latest news releases from the newsroom
Kahn Swick & Foti, LLC
Investor Alert: KGS Announces Last Day for SunOpta, Inc. Shareholders to File Lead Plaintiff Application -- Shareholders With Over $100,000 Loss Urged to Inquire -- STKL
NEW ORLEANS, March 28, 2008 (PRIME NEWSWIRE) -- Kahn Gauthier Swick, LLC ("KGS"), the law firm that filed the first class action lawsuit against SunOpta, Inc. ("SunOpta" or the "Company") (Nasdaq:STKL) seeking a recovery for investors, announces that Friday, March 28, 2008 is the deadline to file lead plaintiff applications. KGS's lawsuit is pending in the United States District Court for the Southern District of New York, on behalf of shareholders who purchased the common stock of the Company between August 8, 2007 and January 25, 2008, inclusive (the "Class Period"). No class has yet been certified in this action.
Neutral Tandem, Inc. Prices Secondary Offering of Common Stock by Certain Selling Stockholders
CHICAGO, March 27, 2008 (PRIME NEWSWIRE) -- Neutral Tandem, Inc. (Nasdaq:TNDM) ("Neutral Tandem" or the "Company") announced today the pricing of the secondary offering of 4,500,000 shares of its common stock at a price to the public of $18.00 per share. All of the shares are being sold by certain selling stockholders of the Company. The selling stockholders include entities affiliated with Doll Capital Management, New Enterprise Associates and certain other selling stockholders. The selling stockholders have granted the underwriters a 30-day option to acquire an additional 675,000 shares at the secondary offering price to cover over-allotments, if any. Neutral Tandem will not receive any proceeds from the sale of the shares but will pay certain expenses related to the offering.
State Bank Corp.
State Bank Corp to Pay a Cash Dividend Over 14 Consecutive Years
LAKE HAVASU CITY, Ariz., March 27, 2008 (PRIME NEWSWIRE) -- State Bank Corp. (OTCBB:SBAZ), the holding company for Mohave State Bank, declared a cash dividend. The Board of Directors of State Bank Corp., at their regular meeting of March 27, 2008, declared the payment of a cash dividend of ten cents per share to shareholders of record at the close of business on April 10, 2008. The dividend is payable on April 17, 2008.