latest news releases from the newsroom
Chitwood & Harley
Chitwood & Harley LLP Reminds Investors of Securities Fraud Suit Against UnumProvident: Class Period Of May 7, 2001 Through February 4, 2003 -- UNM
ATLANTA, March 28, 2003 (PRIMEZONE) -- Chitwood & Harley LLP announces that a class action lawsuit is pending in the United States District Court for the Eastern District of Tennessee, against UnumProvident, Corp., and certain of its officers and directors. The suit was filed on behalf of purchasers of the common stock of UnumProvident, Corp. (NYSE:UNM), between May 7, 2001 and February 4, 2003, inclusive ("Class Period"). On Monday, March 24, 2003, UnumProvident restated its profits $29.1 million lower for the past three years, as the U.S. disability insurer changed its accounting for investment losses, after talks with the U.S. Securities and Exchange Commission.
Chitwood & Harley
Chitwood & Harley LLP Files Securities Class Action Lawsuit Against Solectron Corporation and Certain of its Officers and Directors -- SLR
ATLANTA, March 28, 2003 (PRIMEZONE) -- Chitwood & Harley announces that it has filed a class action lawsuit in the United States District Court for the Northern District of California, on behalf of purchasers of securities of Solectron Corporation, (NYSE:SLR) between September 17, 2001 and September 26, 2002, (the "Class Period"). The suit is brought against Solectron Corporation and certain of its officers and directors. A copy of the complaint is available on our website, www.classlaw.com. The deadline to file lead plaintiff papers, for those class members wishing to serve in this capacity, is May 5, 2003.
Pennsylvania Real Estate Investment, NexMed, and MicroTel International Events to be Broadcast by Vcall Over the Internet
RICHMOND, Va., March 28, 2003 (PRIMEZONE) -- Pennsylvania Real Estate Investment Trust (NYSE:PEI), NexMed, Inc. (Nasdaq:NEXM), and MicroTel International, Inc. (OTC:MCTL) will broadcast their investor communication events over the Internet, Vcall, a Service of WILink announced today.
Stockgroup Information Systems Inc.
Stockgroup Amends Warrants
VANCOUVER, B.C., March 28, 2003 (PRIMEZONE) -- Stockgroup Information Systems Inc. (OTCBB:SWEB) (TSX Venture Exchange:SWB), a financial media and technology company, today announced that it has extended the expiry date and increased the exercise price of 1,664,900 warrants issued March 31, 2002.
Law Offices of Brian M. Felgoise, P.C.
Law Offices of Brian M. Felgoise, P.C. Announces Class Action Lawsuit Against Electro Scientific Industries, Inc. -- ESIO
PHILADELPHIA, March 28, 2003 (PRIMEZONE) -- Law Offices of Brian M. Felgoise, P.C. today announced that a securities class action has been commenced on behalf of shareholders who acquired Electro Scientific Industries, Inc. (Nasdaq:ESIO) securities between September 17, 2002 and March 30, 2003, inclusive (the Class Period).
WILink Research Shows Investor Confidence on the Rise
RICHMOND, Va., March 28, 2003 (PRIMEZONE) -- WILink, a global leader in providing investor relations and investment information services, today released market research showing a positive turn in investors' feelings about the market's performance in 2003.
Murray, Frank & Sailer LLP
Rabin, Murray & Frank LLP Commences Class Action Against Solectron Corporation and Certain of its Officers and Directors Alleging Violations of Federal Securities Law -- SLR
NEW YORK, March 28, 2003 (PRIMEZONE) -- A class action complaint has been filed in the United States District Court for the Northern District of California, case number C-03-1331-JJ, on behalf of all persons or entities who purchased Solectron Corporation ("Solectron" or the "Company") securities (NYSE:SLR) during the period from September 17, 2001 through September 26, 2002, both dates inclusive (the "Class Period"). The Complaint names Solectron, Koichi Nishimura and Kiran Patel as defendants.
Brodsky & Smith, LLC
Law Offices of Brodsky & Smith, LLC Announces Class Action Lawsuit Against InterCept, Inc. -- ICPT
BALA CYNWYD, Pa., March 28, 2003 (PRIMEZONE) -- Law offices of Brodsky & Smith, LLC today announced that a securities class action lawsuit has been filed on behalf of shareholders who purchased the securities of InterCept, Inc. ("INTERCEPT" or the "Company") (Nasdaq:ICPT) between September 16, 2002 and January 9, 2003 (the "Class Period"). Defendants include Intercept, John W. Collins, G. Lynn Boggs, Scott Meyerhoff and Garrett M. Bender.
Wolf Popper LLP
Wolf Popper LLP Files Securities Fraud Class Action Against King Pharmaceuticals, Inc. -- KG
NEW YORK, MARCH 28, 2003 (PRIMEZONE) -- Wolf Popper LLP has filed a securities fraud class action complaint against King Pharmaceuticals, Inc. (NYSE:KG) and five of its current and former senior officers and directors on behalf of purchasers of King common stock from April 26, 1999 through March 10, 2003, inclusive. A copy of the complaint is available from the U.S. District Court for the Eastern District of Tennessee - Northeastern Division, and on Wolf Popper's website (www.wolfpopper.com).
Beacon Research Introduces the First Fixed Annuity Sales Support System for Internal or External Sales Desks
EVANSTON, Ill., March 28, 2003 (PRIMEZONE) -- Beacon Research, the industry's leading source of fixed annuity information and related software tools, today announced the introduction of The AnnuityNexus.com Sales Support System, the first Web-based system designed to support fixed annuity sales. The Sales Support System helps staffers support reps quickly with accurate, timely information on competing products, resulting in more sales, increased rep satisfaction and improved sales desk efficiency.