latest news releases from the newsroom
Izard Nobel LLP
Schatz Nobel Izard P.C. Announces Class Action Lawsuit Against FormFactor, Inc.
HARTFORD, Conn., Oct. 31, 2007 (PRIME NEWSWIRE) -- The law firm of Schatz Nobel Izard 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 Northern District of California on behalf of all persons who purchased the common stock of FormFactor, Inc. ("FormFactor" or the "Company") (Nasdaq:FORM) between April 26, 2006 and October 24, 2007, inclusive (the "Class Period").
Fuel Systems Solutions, Inc.
Fuel Systems Solutions Completes Restatements for Multi-Year Prior Periods and Reports 2006 Year-End and Six-Month Results
SANTA ANA, Calif., Oct. 31, 2007 (PRIME NEWSWIRE) -- Fuel Systems Solutions, Inc. (Nasdaq:FSYS) today announced it has completed restatements of its historical financials, which were delayed due to its voluntary stock option investigation. As a result, the company has recorded non-cash charges of $14.0 million for stock-based compensation expense for fiscal years 1997 to 2005, and through the nine months ended September 30, 2006. The company's delayed financial results for its fourth quarter and year ended December 31, 2006 and the first and second quarter of 2007 have been filed with the Securities and Exchange Commission on Forms 10-K and 10-Q, respectively.