latest news releases from the newsroom
Refco Litigation Trusts
Refco Litigation Trusts File Lawsuit Against Legal, Accounting and Financial Advisers for Role in the Refco Fraud
NEW YORK, Aug. 21, 2007 (PRIME NEWSWIRE) -- The Refco Litigation Trusts announced today that they have filed a lawsuit in Chicago charging that Refco Inc.'s legal, accounting and financial advisers knowingly assisted corrupt Refco insiders in looting Refco's assets. The lawsuit, filed in the Circuit Court of Cook County, Illinois, names Mayer, Brown, Rowe & Maw LLP ("Mayer Brown"), Grant Thornton LLP ("Grant Thornton"), Ernst & Young LLP ("Ernst & Young"), PricewaterhouseCoopers ("PWC"), Credit Suisse Securities (USA), Banc of America, Deutsche Bank Securities, certain loan participants, and the corrupt Refco insiders as defendants. The lawsuit seeks over $2 billion in damages and penalties for the defendants' role in committing and aiding in the corrupt Refco insiders' fraud and breaches of fiduciary duty.
Flushing Financial Corporation
Flushing Financial Corporation Declares Quarterly Dividend of $0.12 Per Share
LAKE SUCCESS, N.Y., Aug. 21, 2007 (PRIME NEWSWIRE) -- Flushing Financial Corporation (Nasdaq:FFIC), the parent holding company for Flushing Savings Bank, FSB, today announced that the Board of Directors declared a quarterly dividend on its common stock of $0.12 per common share, payable on September 28, 2007 to shareholders of record at the close of business on September 7, 2007.
Kesselring Holding Corporation
Douglas P. Badertscher Appointed CEO of Kesselring Holding Corporation
BRADENTON, Fla., Aug. 21, 2007 (PRIME NEWSWIRE) -- Kesselring Holding Corporation (OTCBB:KSSH) announced today that it has appointed Douglas P. Badertscher as Chief Executive Officer, succeeding Ken Craig, who will continue as Director. Additionally, Cliff Wildes is stepping down as Chief Operating Officer to focus as Chairman of the Board and on acquisition opportunities.
GenTek Reports Receipt of NASDAQ Staff Determination Letter
PARSIPPANY, N.J., Aug. 21, 2007 (PRIME NEWSWIRE) -- GenTek Inc. (Nasdaq:GETI) today announced that on August 15, 2007, it received a NASDAQ Staff Determination notice indicating that the Company is not in compliance with Marketplace Rule 4310(c)(14) because it has not timely filed its Quarterly Report on Form 10-Q for the quarter ended June 30, 2007. The notice indicated that, unless the Company requests an appeal of this determination, trading of the Company's common stock will be suspended at the opening of business on August 24, 2007.
Dow Jones Indexes
STOXX Changes Composition of European Benchmark Indexes
ZURICH, Switzerland, Aug. 21, 2007 (PRIME NEWSWIRE) -- STOXX Ltd. today announced changes in the composition of the Dow Jones STOXX Global 1800 Index, the Dow Jones STOXX Total Market Index, the Dow Jones STOXX 600 Index and its sector indexes, the Dow Jones STOXX EU Enlarged Total Market Index and the Dow Jones STOXX Football Index.
VistaPrint to Present at the 2007 Kaufman Bros. Investor Conference
HAMILTON, Bermuda, Aug. 21, 2007 (PRIME NEWSWIRE) -- VistaPrint Limited (Nasdaq:VPRT), the leading online supplier of high-quality graphic design services and customized printed products to small businesses and consumers, today announced that Harpreet Grewal, executive vice president and chief financial officer of VistaPrint, will present at the 2007 Kaufman Bros. Investor Conference on Wednesday, September 5th, 2007 in New York City.