latest news releases from the newsroom
Kahn Swick & Foti, LLC
KGS Announces Filing of Class Action Lawsuit Against New Century Financial Corp. on Behalf of Purchasers of Series A and Series B Preferred Shares
NEW ORLEANS, April 5, 2007 (PRIME NEWSWIRE) -- Kahn Gauthier Swick, LLC ("KGS") has filed the first class action lawsuit in the United States District Court for the Central District of California, Southern Division, on behalf of shareholders who purchased New Century Financial Corp. ("New Century") Series A Preferred shares, sold in a public offering on June 15, 2005, and/or Series B Preferred shares, offered on August 16, 2006.
Childrens Hospital Los Angeles
Dr. Clifford B. Saper Featured in The Saban Distinguished Lecturer Series at Childrens Hospital Los Angeles
LOS ANGELES, April 4, 2007 (PRIME NEWSWIRE) -- Clifford B. Saper, M.D., Ph.D., known as one of the world's foremost neuroanatomists for creating "neural maps" of the brain's complex circuitry that have led to advances in treating obesity, Parkinson's Disease, Alzheimer's Disease and schizophrenia, was featured in The Saban Distinguished Lecturer Series at the Saban Research Institute of Childrens Hospital Los Angeles on Tuesday, April 3, 2007. Dr. Saper discussed "Hypothalamic Regulation of Sleep and Circadian Rhythms."
Keller Rohrback L.L.P.
Keller Rohrback L.L.P. Announces Investigation on Behalf of Participants of the Washington Mutual, Inc. Pension Plan
SEATTLE, April 4, 2007 (PRIME NEWSWIRE) -- Keller Rohrback L.L.P. (www.erisafraud.com) today announced its investigation against Washington Mutual, Inc. ("WaMu") (NYSE:WM) for potential violations of the Employee Retirement Income Security Act of 1974 ("ERISA"). Keller Rohrback's investigation focuses on concerns that the WaMu Pension Plan, a cash balance pension plan, discriminates based on age because the Plan fails to comply with ERISA's accrual rules for defined benefit plans. Keller Rohrback is also investigating whether the WaMu Pension Plan and its merged predecessor plans failed to provide adequate notice of participants' benefit reductions resulting from the cash balance conversions in 1987 and later years.