latest news releases from the newsroom
The Pomerantz Firm Launches PomTalk, The Blog for Institutional Investors
NEW YORK, Sept. 5, 2006 (PRIMEZONE) -- Pomerantz Haudek Block Grossman & Gross LLP is pleased to announce the launch of PomTalk, The Blog for Institutional Investors. PomTalk provides institutional investors with insightful, timely and useful commentary on matters essential to effective fund management. Visit www.PomTalk.com for the latest news and insights in the areas of corporate governance, executive compensation, hedge funds, pension reform, Sarbanes-Oxley, stock options and court decisions.
Marathon Asset Management LLP's Holdings in Metso Decreased to 3.45 Percent
HELSINKI, Finland, Sept. 4, 2006 (PRIMEZONE) -- Metso Corporation has been informed about a decrease in the holding of Marathon Asset Management LLP of the paid up share capital of the company. On August 25, 2006, Marathon Asset Management LLP had 7,032,235 Metso shares, which corresponds to 4.96 percent of the paid up share capital. Out of this holding, Marathon Asset Management LLP was in possession of 4,885,862 shares to which they had voting rights. This voting authority represents 3.45 percent of the total voting rights in Metso Corporation.
Izard Nobel LLP
Schatz & Nobel, P.C. Announces Class Action Lawsuit Against Parlux Fragrances, Inc. -- PARL
HARTFORD, Conn., Sept. 1, 2006 (PRIMEZONE) -- The law firm of Schatz & Nobel, P.C., which has significant experience representing investors in prosecuting claims of securities fraud, announces that a lawsuit seeking class action status has been filed in the United States District Court for the Southern District of Florida on behalf of all persons who purchased or otherwise acquired the publicly traded securities of Parlux Fragrances, Inc. ("Parlux" or "the Company") (Nasdaq:PARL) between February 8, 2006 and August 10, 2006, inclusive, (the "Class Period").
September 15 is the Deadline for Investors of Par Pharmaceutical Companies, Inc. -- PRX
NEW YORK, Sept. 1, 2006 (PRIMEZONE) -- The September 15 deadline for investors of Par Pharmaceutical Companies ("Par" or the "Company") (NYSE:PRX) who wish to move the Court to be appointed as lead plaintiff, is fast approaching. Pomerantz Haudek Block Grossman & Gross LLP ("Pomerantz") (www.pomerantzlaw.com) filed a class action lawsuit against the company and certain of its officers in United States District Court District of New Jersey. The class action was filed on behalf of purchasers of the common stock of the Company during the period from April 29, 2004 to July 5, 2006, inclusive (the "Class Period"). The complaint alleges violations of Sections 10(b) and 20(a) the Securities Exchange Act of 1934 and Rule10b-5 promulgated thereunder.
Investors of Scottish Re Group Ltd. are Reminded of Securities Class Action filed Against the Company -- SCT
NEW YORK, Sept. 1, 2006 (PRIMEZONE) -- Pomerantz Haudek Block Grossman & Gross LLP (www.pomerantzlaw.com) ("Pomerantz") reminds investors of Scottish Re Group Ltd. ("Scottish Re" or the "Company") (NYSE:SCT) that a class action lawsuit has been filed in the United States District Court Southern District of New York, against the company and certain officers. The class action was filed on behalf of purchasers of the common stock of the Company during the period from February 17, 2005 -- July 28, 2006, inclusive (the "Class Period"). The complaint alleges violations of Section 10(b) and Section 20(a) of the Exchange Act and Rule 10b-5 promulgated thereunder.