latest news releases from the newsroom
Popeyes Chicken & Biscuits
Popeyes Brings Back Buffalo Style Nuggets for a Limited Time
ATLANTA, Oct. 1, 2002 (PRIMEZONE) -- Popeyes(r) Chicken & Biscuits, a division of AFC Enterprises, Inc. (Nasdaq:AFCE) and the world's second-largest quick-service chicken concept, knows a winner when it sees one. That's why the company is bringing back its spicy spin on Buffalo Style Nuggets, which earned one of the highest new-product ratings in Popeyes history when they were first introduced in June 2001. The nuggets are back in Popeyes restaurants in the United States throughout October.
Schiffrin Barroway Topaz & Kessler, LLP
Schiffrin & Barroway, LLP: Salomon Smith Barney, Inc., Analyst Jack Grubman, Salomon's Parent Company Citigroup, Inc. and Citigroup CEO Sanford Weill Sued by Shareholders for Securities Violations
BALA CYNWYD, Pa., Oct. 1, 2002 (PRIMEZONE) -- A pending class action charges Salomon Smith Barney, Inc., analyst Jack Grubman, Salomon's parent company Citigroup, Inc. and Citigroup CEO Sanford Weill with misleading purchasers of AT&T Corp. common stock according to the law firm of Schiffrin & Barroway, LLP.
Kirby McInerney LLP
Kirby McInerney & Squire LLP Announces Denial of Defendants' Motion to Dismiss Complaint Alleging That IPO Underwriter Fees Are Price-Fixing at 7%
NEW YORK, Oct. 1, 2002 (PRIMEZONE) -- The law firm of Kirby McInerney & Squire, LLP announced that a New York federal court overseeing a class action alleging price-fixing in the market for initial public offering ("IPO") underwriting fees denied defendants' motion to dismiss. The complaint alleges that defendants conspired to fix at 7% the fees charged by underwriters to sell shares of IPO stock. The class compromises IPO issuer companies who, during the period from 1994 through the present, issued IPO shares in offerings valued at approximately $20-$80 million. Defendants include Merrill Lynch & Co. (NYSE:MER), Credit Suisse First Boston (NYSE:CSR), Morgan Stanley Dean Witter & Co. (NYSE:MWD), Salomon Smith Barney, Inc. (NYSE:C) and twenty-four other underwriters. If you are or believe you may be a member of the putative class, please contact counsel below.
Competitive Technologies, Inc.
Competitive Technologies Licensee Reports PT-141 Data for Females
FAIRFIELD, Conn., Oct. 1, 2002 (PRIMEZONE) -- Competitive Technologies, Inc. (AMEX:CTT) announced today that its exclusive licensee Palatin Technologies (AMEX:PTN) reported positive results from PT-141 administered to normal premenopausal women in a Phase 1 clinical trial in the development of Female Sexual Dysfunction (FSD) treatment. The licensed technology, synthetic analogues of alpha-MSH (alpha-melanocyte-stimulating hormone), was invented by a team of researchers at CTT's client, the University of Arizona.
Sigma Divests Subsidiary
STOCKHOLM, Sweden, Oct. 1, 2002 (PRIMEZONE) -- Sigma AB is to sell its subsidiary, Sigma CadSupport AB, with slightly more than 30 employees, to Epsilon AB. The sale forms part of Sigma's streamlining of its operations, and is conditional upon approval by a Special General Meeting to be held on October 17.
Much Shelist Freed Denenberg Ament & Rubenstein
Chicago Law Firm Much Shelist Reminds Investors that Lead Plaintiff Petitions for Securities Fraud Lawsuit Against Baxter International, Inc. are due October 7, 2002 -- BAX
CHICAGO, Oct. 1, 2002 (PRIMEZONE) -- The deadline for purchasers of Baxter International Inc. ("Baxter" or the "Company") (NYSE:BAX) publicly traded securities to move for lead plaintiff in a securities fraud class action recently brought against the Company is rapidly approaching. If you purchased Baxter securities between January 24, 2002 and July 18, 2002, inclusive (the ``Class Period'') and you wish to be a lead plaintiff in the case, you must move to serve as lead plaintiff by filing a motion in the United States District Court for the Northern District of Illinois, Eastern Division by October 7, 2002.