latest news releases from the newsroom
Keller Rohrback L.L.P.
Keller Rohrback L.L.P. Announces Class Action Complaint Filed On Behalf of Purchasers of Baby Products That Contain Bisphenol A
SEATTLE, June 25, 2008 (PRIME NEWSWIRE) -- Recently, Keller Rohrback L.L.P. (www.krclassaction.com) filed a class action lawsuit in the U.S. District Court for the Northern District of Illinois against several manufacturers of plastic baby bottles and trainer "sippy" cups which contained the chemical bisphenol A ("BPA"). Plaintiffs are purchasers of the following brand name products, among others: Avent, Gerber, Handi-Craft, Playtex, and Nalgene Grip'n Gulp. Keller Rohrback previously filed a class action lawsuit in the U.S. District Court for the Western District of Washington (Seattle) against Handi-Craft Company on behalf of purchasers of the "Dr. Brown's" brand of plastic baby bottles and cups which contained BPA.
Equity Media Holdings Corporation
Equity Media Receives Up to $37.5 Million in Asset Sales Transaction With Group Led by Largest Shareholder Henry Luken III
LITTLE ROCK, Ark., June 25, 2008 (PRIME NEWSWIRE) -- Equity Media Holdings Corporation (Nasdaq:EMDA) today announced it has closed an asset sales transaction with Luken Communications, LLC, a group led by Equity Media's largest shareholder Henry Luken III (the "Investors"). The Investors purchased Equity Media's Retro Television Network (RTN) subsidiary for $18.50 million. Equity Media has the option to repurchase RTN at any time during the next six months. Concurrently with the closing of the RTN sale, the Investors purchased for $1.50 million warrants to purchase up to 8,050,000 shares of Equity Media for $1.10 per share. Equity Media also has entered into asset purchase agreements with the Investors for the sale by Equity Media of certain television stations. Equity Media has received a $5 million prepayment on the stations sale from the Investors. The stations sale will be consummated, and Equity Media will receive the remaining payment of $12.5 million, upon receipt of FCC and certain other approvals. Following consummation of the station sales, Equity Media will continue to own and operate 100 stations in 35 markets representing 24.8% of U.S. television households based on Equity Media's current stations roster.
Purple Communications, Inc.
GoAmerica(R) and AT&T to Demonstrate Fast, Effective 10-Digit Interoperability Between Video Relay Providers
ROCKLIN, Calif., June 25, 2008 -- GoAmerica, Inc. (GOAM) , a provider of relay and wireless communications and professional interpreter services for deaf, hard-of-hearing, and speech-disabled persons, and AT&T today announced they would become the first companies to demonstrate a live point-to-point video call through a 10-digit numbering system described in the FCC ruling issued yesterday.
Monster Beverage Corporation
Hansen Natural to Host Business Update Conference Call
CORONA, Calif., June 25, 2008 (PRIME NEWSWIRE) -- As previously indicated during the course of the company's most recent earnings call, Hansen Natural Corporation (Nasdaq:HANS) announced today that the company's Chairman and Chief Executive Officer Rodney Sacks and Vice Chairman and President Hilton Schlosberg will host an investor conference call Tuesday, July 8, 2008 at 2 p.m. Pacific Time (5 p.m. Eastern Time) to provide an update on the company's business and operations.