Celldex Therapeutics, Inc.
Celldex Announces Exercise of Underwriters' Option to Purchase Additional Shares
HAMPTON, N.J., Dec. 9, 2013 (GLOBE NEWSWIRE) -- Celldex Therapeutics, Inc. (Nasdaq:CLDX) today announced that the underwriters of its previously announced public offering of common stock have exercised in full their option to purchase an additional 1,050,000 additional shares of common stock at the public offering price of $24.50. Proceeds to Celldex from the exercise of the underwriters' option will be approximately $18.9 million, after deducting underwriting discounts and commissions and proceeds to a limited number of selling stockholders. 813,483 shares sold pursuant to the exercise of the option were sold by Celldex and 236,517 shares were sold by selling stockholders. The offering is expected to close on or about December 10, 2013, subject to customary closing conditions.
Western Refining Logistics, LP
Western Refining Logistics to Participate in the Wells Fargo Securities 2013 Energy Symposium
EL PASO, Texas, Dec. 9, 2013 (GLOBE NEWSWIRE) -- Western Refining Logistics, LP (NYSE:WNRL) announced today that management will participate in the Wells Fargo Securities 2013 Energy Symposium in New York City, on Tuesday, December 10, 2013. The presentation is currently scheduled for 3:20 pm ET on Tuesday, December 10, 2013, and will be webcast live. A link to the live webcast and presentation will be available on the Investor Relations section of Western Refining Logistics' website at
Brooks Pierce McLendon Humphrey & Leonard LLP
Reittinger v. The Lincoln National Life Insurance Company
GREENSBORO, N.C., Dec. 9, 2013 (GLOBE NEWSWIRE) -- On September 24, 2013, Mid-Town Body Repair, a Greensboro, North Carolina-based automotive repair shop, its President, Dennis Reittinger, and Karen Reittinger, his wife, filed a class action complaint in Guilford County, North Carolina Superior Court against The Lincoln National Life Insurance Company, the successor-in-interest to Jefferson-Pilot Life Insurance Company. The lawsuit raises claims on behalf of a class of employers and employees to whom Jefferson-Pilot sold life insurance policies in connection with welfare benefit plans known as Benistar 419 Plans. Mid-Town's complaint alleges that Jefferson-Pilot promoted and sponsored Benistar 419 Plans without informing participants that the plans did not comply with Section 419A of the Internal Revenue Code but instead were illegal tax shelters. Participation in Benistar 419 Plans, according to the complaint, exposed participants like Mid-Town and the Reittingers to IRS audits and substantial tax liabilities and related penalties.
StealthGas Inc. Announces Public Offering of Common Stock
ATHENS, Greece, Dec. 9, 2013 (GLOBE NEWSWIRE) -- StealthGas Inc. (the "Company") (Nasdaq:GASS) announced today an underwritten public offering of 10,000,000 shares of its common stock pursuant to the Company's effective shelf registration statement filed with the Securities and Exchange Commission. In connection with the offering, the Company intends to grant the underwriters a 30-day option to purchase up to 1,500,000 additional shares of its common stock.