latest news releases from the newsroom
Murray, Frank & Sailer LLP
Rabin & Peckel LLP Commences Class Action Against Tenet Healthcare Corp. and Certain of its Officers and Directors Alleging Violations of Federal Securities Law -- THC
New York, Nov. 21, 2002 (PRIMEZONE) -- A class action Complaint has been filed in the United States District Court for the Central District of California, case number CV 02-8889(DT), on behalf of all persons or entities who purchased or otherwise acquired Tenet Healthcare Corp. ("Tenet" or the "Company") securities (NYSE:THC) between October 3, 2001 and October 31, 2002, both dates inclusive (the "Class Period"). Tenet Healthcare Corp., Jeffrey C. Barbakow, and David L. Dennis, are named as defendants in the Complaint.
Ibbotson Introduces Nature of Downturns and Recoveries Brochure
CHICAGO, Nov. 21, 2002 (PRIMEZONE) -- Ibbotson Associates, a leading provider of investment tools and knowledge, today introduced The Nature of Downturns and Recoveries brochure that helps to convey why it's important to maintain a long-term investment plan and stay invested even through extremely volatile markets. The brochure illustrates: 1) Historical downturns and recoveries, 2) Stock market expansions and contractions, 3) Long-term market performance of various asset classes and 4) The impact of pulling money out of the market at the bottom.
Calton, Inc. Announces a Strategic Shift in the Business Strategy of its Wholly Owned Subsidiary, PrivilegeONE Networks, LLC
VERO BEACH, Fla., Nov. 21, 2002 (PRIMEZONE) -- Calton, Inc. (AMEX:CN) announced today that its wholly owned subsidiary, PrivilegeONE(r) Networks, LLC ("the Company"), has made a strategic shift in its core business strategy. Previously, the Company utilized an inside sales force to market its Loyalty Program to automotive dealerships and dealership groups. Now, the Company is utilizing third party distributors to market, sell and install the PrivilegeONE Loyalty Program. The Program, which currently includes co-branded dealer Visa cards and Membership cards, was developed to expand and enhance the individual Dealer's image within its trade area and to increase customer awareness, retention and revenue.
Effnet Expands Effort in 3G Market with InterDigital Contract
STOCKHOLM, Sweden, Nov. 21, 2002 (PRIMEZONE) -- Effnet (Other OTC:EFFNF), a leading provider of Header Compression technology for 3G networks, announced that InterDigital Communications Corporation (Nasdaq:IDCC) has selected Effnet's IPHC (IP Header Compression) product for integration with InterDigital's FDD protocol stack product in order to improve the efficiency of transmitting Internet Protocol (IP) traffic over wireless networks and thereby lower the cost of IP feature services for wireless operators.