latest news releases from the newsroom
Lone Star Steak House & Saloon
Lone Star Steakhouse & Saloon, Inc. Preliminary Unaudited Fourth Quarter and Fiscal Year 2002 Earnings Release
WICHITA, Kan., Feb. 5, 2003 (PRIMEZONE) -- Lone Star Steakhouse & Saloon, Inc. (Nasdaq:STAR) ("Lone Star" or "Company") announced preliminary unaudited operating results for the seventeen-week fourth quarter and fifty-three week fiscal year ended December 31, 2002. The Company operates on a 52- or 53-week fiscal year ending the last Tuesday in December, and fiscal 2002 included 53 weeks, and the fourth quarter, seventeen weeks as compared to 52 and 16 weeks, respectively, for fiscal 2001.
Murray, Frank & Sailer LLP
Attention Homestore, Inc. Investors: Rabin, Murray & Frank LLP Commences Class Action Against Merrill Lynch & Co., Inc. and Henry Blodget Alleging Violations of Federal Securities Law -- HOMS
NEW YORK, Feb. 5, 2003 (PRIMEZONE) -- A class action complaint has been filed in the United States District Court for the Southern District of New York, civil action number 03-CV-834, on behalf of all persons or entities who purchased or otherwise acquired Homestore, Inc. ("Homestore" or the "Company") securities (Nasdaq:HOMS) between September 8, 1999 and September 21, 2001, both dates inclusive (the "Class Period"). Merrill Lynch & Co., Inc. ("Merrill Lynch") and Henry Blodget ("Blodget") are named as defendants in the complaint.
Harwood Feffer LLP
Transkaryotic Therapies, Inc. Sued by Investors Represented by Wechsler Harwood LLP -- TKTX
NEW YORK, Feb. 5, 2003 (PRIMEZONE) -- Wechsler Harwood LLP has filed a securities fraud lawsuit against Transkaryotic Therapies, Inc. ("TKT") (Nasdaq:TKTX), on behalf of persons who purchased or otherwise acquired the securities of Transkaryotic Therapies, Inc. during the period from January 4, 2001 through and including January 13, 2003 (the "Class Period"). The suit names Transkaryotic Therapies, Inc. ("Transkaryotic" or the "Company") as a defendant, along with Richard F. Selden, the Company's President and CEO; and Rodman W. Moorhead III, the Company's Chairman. The complaint asserts securities fraud claims under sections 10(b) and 20(a) of the Securities Exchange Act of 1934, and Rule 10b-5 promulgated thereunder.
Ahold in discussions on sale of the Chilean operations of Santa Isabel
ZAANDAM, The Netherlands, Feb. 5, 2003 (PRIMEZONE) -- Ahold today confirmed it is engaged in exploratory talks regarding the possible sale of its stake in its Chilean supermarket activities that trade under the Santa Isabel banner. The Peruvian and Paraguayan operations will not be part of this transaction. At year-end 2002, Santa Isabel operated 77 stores in Chile.
Abbey Spanier Rodd & Abrams, LLP
Abbey Gardy, LLP Commences Class Action Securities Fraud Suit Against ClearOne Communications, Inc. -- CLRO
NEW YORK, Feb. 5, 2003 (PRIMEZONE) -- Abbey Gardy, LLP commenced a Class Action lawsuit in the United States District Court for the District of Utah on behalf of a class (the "Class") of all persons or entities who purchased securities of ClearOne Communications, Inc. ("ClearOne" or the "Company") (Nasdaq:CLRO) between January 16, 2001 and January 15, 2003, inclusive (the "Class Period").