CML HealthCare Income Fund Reports 2008 Second Quarter Financial Results Aug 7, 2008
Except as required by Canadian securities law, we do not undertake to update any forward-looking statements, whether written or oral, that may be made from time to time by us or on our behalf; such statements speak only as of the date made. SEDAR: 00020333E. (Canada Newswire)
Solana Resources Limited ("Solana" or the "Company") - Costayaco-5 Drilling & Operations Update Aug 6, 2008
Forward Looking Statements Certain information regarding the Company, including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities law and necessarily involve risks associated with oil and gas exploration, production, marketing and transportation such as loss of market, volatility of prices, currency fluctuations, imprecision of reserve estimates, mechanical problems, equipment limitations, environmental risks,... (Canada Newswire)
Citigroup faces securities probe Aug 2, 2008
Citigroup has revealed that it is the subject of an investigation by the US financial regulator into whether it broke securities law. The inquiry centres on the sale and marketing of auction-rate securities, a form of bond often used by municipal authorities to raise funds. (BBC News -- Americas)
Morgan Lewis partner named Phila. Zoo chairman Aug 2, 2008
At Morgan Lewis, Calvert is a partner in the firm s litigation practice group, focusing his practice on cases involving complex commercial litigation matters including antitrust, health care, intellectual property, securities law and utility law and regulation. The Philadelphia Zoo, billed as America s First Zoo, is home to more than 1,300 animals, many rare and endangered. (Philadelphia Business Journal, PA)
Canadian Phoenix Resources Corp. Corporate Update: Completion of Fourth Tranche of Marble Point Preferred Shares Private Placement for $5,000,000 Aug 2, 2008
Securities of Canadian Phoenix have not been and will not be registered under the United States Securities Act of 1933, as amended (the "1933 Act"), or any state securities laws. Accordingly, none of the securities of Canadian Phoenix may be offered or sold in the United States or to U.S persons (as such terms are defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities law or an exemption from such registration is available ... This news... (CCNMatthews Press Releases)
Watts elected BOE vice president Aug 2, 2008
Earlier this week, Gutcheon said he is zeroing in on banking and securities law and may be interested in becoming a prosecutor targeting white-collar crime. Watts said Wednesday that something he likes about the Windsor BOE is that, despite disagreements, members conduct themselves without acrimony. (Windsor Journal, CT)
Massey Energy Reports Record Second Quarter Operating Results, Offset By Litigation Charge Aug 1, 2008
The Company disclaims any intent or obligation to update these forward-looking statements unless required by securities law, and the Company cautions the reader to not rely on them unduly. Caution must be exercised in relying on forward-looking statements including disclosures that use words such as "believe," "anticipate," "expect," "estimate," "intend," "may," "plan," "project," "will," and similar words or statements that are subject to risks, trends and uncertainties that could cause the... (PR Newswire)
Clearford Announces Shareholder Approval of Armtec Transaction Aug 1, 2008
Forward-Looking Statements This news release contains certain statements that constitute forward-looking information within the meaning of applicable securities laws ("forward-looking statements") ... Except as expressly required by applicable securities law we disclaim any intention and assure no obligation to update or revise any forward looking statements whether as a result of new information, future events or otherwise. (Canada Newswire)
Toronto-Dominion to Pay Regulator $2 Million in Fines Over Hedge Fund Sale Aug 1, 2008
That precipitated the investigation, which led us to find out that the sales people at TD were not properly trained, they didn't understand the securities law with respect to exempt products, and they weren't properly supervised,'' Popovic said. a spokeswoman at Canada's second-biggest bank, said it was an isolated incident and the bank changed its procedures. (Bloomberg -- Canada)
Crowflight Finalizes Metals Price Protection Requirements for Debt Facility Jul 30, 2008
Except for statements of historical fact contained herein, the information in this press release constitutes "forward-looking information" within the meaning of Canadian securities law. Such forward-looking information may be identified by words such as "plans", "proposes", "estimates", "intends", "expects", "believes", "may", "will". (CCNMatthews Press Releases)
Chico's FAS, Inc. Announces New VP of Investor Relations Jul 29, 2008
Users of forward-looking statements are encouraged to review the Company's latest annual report on Form 10-K, its filings on Form 10-Q, management's discussion and analysis in the Company's latest annual report to stockholders, the Company's filings on Form 8-K, and other federal securities law filings for a description of other important factors that may affect the Company's business, results of operations and financial condition. The Company does not undertake to publicly update or revise its... (PR Newswire)
Choice Hotels Reports Second Quarter 2008 Adjusted Diluted EPS of $0.49, Domestic Unit Growth of 6.2% Jul 29, 2008
Forward-Looking Statements Certain matters discussed in this press release constitute forward-looking statements within the meaning of the federal securities law. Generally, our use of words such as "expect," "estimate," "believe," "anticipate," "will," "forecast," "plan," project," "assume" or similar words of futurity identify statements that are forward-looking and that we intend to be included within the Safe Harbor protections provided by Section 27A of the Securities Act of 1933 and... (PR Newswire)
Dimond Kaplan & Rothstein, P.A. Announces That UBS Financial Services, Inc. Denies That Auction Rate Securities Investors Have Suffered Any Damages - Even After UBS Marked Down the Value of ARS and Issued Margin Calls Jul 29, 2008
MIAMI, July 29, 2008 (PRIME NEWSWIRE) -- The securities law firm of Dimond Kaplan & Rothstein, P.A. (DKR) () informs investors that UBS Financial Services, Inc. (``UBS'') continues to deny that auction rate securities investors have suffered any damages. DKR has filed numerous FINRA securities arbitration claims against UBS and other Wall Street broker-dealers alleging fraudulent marketing and sales of now-illiquid auction rate securities (``ARS''). (Primezone Releases)
Grainger Announces Resolution of Government Trade Agreements Act and Sourcing Case Jul 26, 2008
Forward-Looking Statements This document contains forward-looking statements under the federal securities law. The forward-looking statements relate to the company's expected future financial results and business plans, strategies and objectives are not historical facts. (PR Newswire)
Genentech bracing against Roche Jul 26, 2008
While Roche holds a commanding position as majority shareholder, it also has a legal obligation to offer a fair deal to minority investors, said Frederick Lambert, a professor of corporate and securities law at Hastings College of the Law in San Francisco. "They can't do something that benefits themselves at the expense of the minority," he said. (San Francisco Chronicle -- Business)
CSX Invites 2 Dissidents to Board, 2 Await Appeal Jul 26, 2008
The appeal relates to a federal judge's ruling in June that while TCI and 3G had violated securities law by evading disclosure obligations, they were allowed to vote all their shares. In morning New York Stock Exchange trade, CSX shares were down 31 cents at $63. (ABC News -- Wire)
* World Business Quick Take Jul 26, 2008
The Tokyo High Court yesterday upheld a lower court ruling that found Japanese Internet tycoon Takafumi Horie guilty of breaking a securities law and sentenced him to two years and six months in prison without suspension, media reports said. The 35-year-old former president of Livedoor Co had pleaded not guilty to charges of forging the companys financial records and falsifying information about the acquisition of a Japanese publisher to raise his companys stock price. (Taipei Times, Taiwan -- World)
Shepherd Smith Edwards & Kantas LLP Investigate Short Term Bond Funds Jul 26, 2008
HOUSTON, July 25, 2008 (PRIME NEWSWIRE) -- The Securities Law Firm of Shepherd Smith Edwards & Kantas LLP, , is currently investigating claims on behalf of investors who purchased bond funds, specifically ultra short term bond funds ... Recent class actions have been filed alleging, in general, violations of the Federal Securities laws ... In various complaints it is alleged that the brokerage firm Charles Schwab allegedly violated state securities laws and industry regulations by misleading... (Primezone Releases)
Lawyer finds gaping hole in securities law Jul 23, 2008
Mr. Taub and his lawyer Robert Brush, of Toronto's Crawley Meredith Brush LLP, mounted a spirited and improbable legal defence that has exposed disturbing gaps and contradictions in Canada's loosely stitched patchwork of provincial securities laws. IIROC governs registered representatives across the country, but because securities laws are governed by the provinces, its powers are derived from often varying provincial securities acts. (Globe and Mail -- Business)
Sichenzia Ross Friedman Ference LLP Recognized Once Again as America's Number One PIPE Issuer Law Firm Jul 23, 2008
SRFF also advises institutional investors on transactions involving complex securities law considerations. The firm's practice includes the representation of clients located in the United States and throughout the world, including Argentina, Austria, Australia, Canada, China, Vietnam, Germany, Hungary, Israel, Korea, Malaysia, Mexico, Switzerland and the United Kingdom. (Primezone Releases)
Liberty Property Trust Announces Second Quarter Results Jul 22, 2008
The statements contained in this press release may include forward-looking statements within the meaning of the federal securities law. Although Liberty believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be achieved. (PR Newswire)
Roy Jacobs & Associates Announces Investigation of SemGroup Energy Partners, L.P. for Possible Securities Law Violations Jul 19, 2008
Roy Jacobs & Associates Announces Investigation of SemGroup Energy Partners, L.P. for Possible Securities Law Violations: Financial News - Yahoo ... Roy Jacobs & Associates Announces Investigation of SemGroup Energy Partners, L.P. for Possible Securities Law ViolationsFriday July 18, 3:10 pm ET ... NEW YORK, July 18, 2008 (PRIME NEWSWIRE) -- Roy Jacobs & Associates announces it is investigating possible securities law violations affecting the public shareholders of SemGroup Energy Partners, L.P.... (Primezone Releases)
While the Securities Law Firm of Klayman & Toskes Processes FINRA Arbitration Claims Against Wachovia Relating to Auction Rate Securities, Securities Regulators Probe Wachovia's St. Louis Headquarters Jul 18, 2008
While the Securities Law Firm of Klayman & Toskes Processes FINRA Arbitration Claims Against Wachovia Relating to Auction Rate Securities, Securities Regulators Probe Wachovia's St. Louis Headquarters: Financial News - Yahoo ... While the Securities Law Firm of Klayman & Toskes Processes FINRA Arbitration Claims Against Wachovia Relating to Auction Rate Securities, Securities Regulators Probe Wachovia's St. Louis HeadquartersThursday July 17, 8:53 pm ET ... NEW YORK, July 17, 2008 (PRIME... (Primezone Releases)
* S Korean court convicts former Samsung head Jul 17, 2008
While convicting Lee of tax evasion and securities law violations, the court acquitted him of breach of trust charges that stemmed from allegations of dubious financial transactions to transfer corporate control to his son. The 66-year-old tycoon has personified Samsung Group, which he had led for two decades as it grew into a global brand. (Taipei Times, Taiwan -- World)
Timberline Mobilizes for Drilling At Butte Highlands Jul 17, 2008
Except as required by the Federal Securities law, the Company does not undertake any obligation to release publicly any revisions to any forward-looking statements. Contact. (Primezone Releases)
Core Lab Initiates Quarterly Dividend, Declares Special Cash Dividend, and Announces Acquisition in Greater Caspian Region Jul 16, 2008
This release includes forward-looking statements regarding the future revenues, profitability, business strategies and developments of the Company made in reliance upon the safe harbor provisions of Federal securities law. The Company's outlook is subject to various important cautionary factors, including risks and uncertainties related to the oil and natural gas industry, business conditions, international markets, international political climates and other factors as more fully described in... (PR Newswire)
South Korean court convicts former Samsung boss of tax evasion Jul 16, 2008
While convicting Lee for tax evasion and securities law violations, the court acquitted Lee on charges of breach of trust that had stemmed from allegations of dubious financial transactions to transfer corporate control to his son. The 66-year-old tycoon has personified Samsung Group, the nation's largest conglomerate, which he had led for two decades as it grew into a global brand. (Erie Times-News, PA)
Plea to tax count ends lawsuit kickback charges Jul 15, 2008
John C. Coffee, a professor of securities law at Columbia University Law School, said the kickback scheme dealt a lingering black eye to legal firms representing plaintiffs in class-action securities cases, even though the practice of having a paid lead plaintiff has ended. "It was a bad practice because it predictability invited - and even necessitated - perjury," Coffee said. (Fresno Bee -- Business)
Wellborn Forest Products Selects 20-20 Technologies as its Strategic ERP Partner Jul 15, 2008
Certain statements contained in this press release constitute forward-looking information within the meaning of securities laws ... While the Company may elect to, it is under no obligation and does not undertake to update this information at any particular time, unless required by applicable securities law. (CCNMatthews Press Releases)
Burke, Harvey & Frankowski, LLC Investigates Evergreen Ultra Short Opportunities Fund and Wachovia Securities Jul 13, 2008
July 11, 2008 (PRIME NEWSWIRE) -- The Securities Law Firm of Burke, Harvey & Frankowski, LLC () announced today that it has begun an investigation into losses sustained in the Evergreen Ultra Short Opportunities Fund (EUBAX, EUBBX, EUBCX, and EUBIX) sold by Wachovia Securities, LLC. The Evergreen Ultra Short Opportunities Fund had a net asset value (NAV) of around $731 million on March 31, 2008 and by June of 2008, had dramatically dropped to a net asset value of approximately $400 million.... (Primezone Releases)
Cellcom Israel Ltd. Announces Changes to Date and Agenda of Annual General Meeting of Shareholders; Amendment to Incentive Plan Jul 7, 2008
01% threshold to a trigger when DIC ceases to control (as such term is defined in the Israeli Securities Law, 1968) the Company; and (2) requiring the Company to provide each grantee with a ten-day period to exercise the Awards upon a Corporate Transaction. Such amendments are intended to apply also with respect to outstanding options. (PR Newswire)
Douglas Stuve Joins the Board of New Sage Energy Jul 7, 2008
He practices primarily in the area of corporate and securities law and has extensive experience serving both Major and Junior Exploration clients in the Oil and Gas industry. New Sage President John Carlesso commented: "Doug's industry-specific knowledge, skill, and experience will add tremendous value to the company as we continue to expand our interests and seek out new projects.". (CCNMatthews Press Releases)
SEC to propose adopting foreign accounting rules Jul 5, 2008
James D. Cox, a securities law expert at Duke Law School who returned this week from teaching corporate law in Europe, said the shift to international rules amounted to "outsourcing safety standards." ... But critics say that the move toward harmonizing rules and enforcement practices is fraught with problems and would dilute US securities laws, generally considered to be the most protective of investors in the world. (Boston Globe)
Marshall & Ilsley Corporation Announces: Jul 4, 2008
Except as required by federal securities law, Mrtakes no obligation to update these forward- looking statements or reflect events or circumstances after the date of this report. SOURCE Marshall y Corporation. (PR Newswire)
Report due Monday could affect lawsuit against Cobb EMC Jul 4, 2008
Special litigation committees are typical in shareholder lawsuits against corporations, said Georgia State University law professor Bill Gregory, who teaches corporate and securities law. The special committees are intended to weed out frivolous lawsuits, Gregory said, and they recommend lawsuits be dismissed "90 percent of the time.". (Atlanta Journal-Constitution -- Business)
Notice From The Securities Law Firm of Klayman & Toskes to Investors Who Purchased Auction Rate Securities From UBS Jul 4, 2008
Notice From The Securities Law Firm of Klayman & Toskes to Investors Who Purchased Auction Rate Securities From UBS: Financial News - Yahoo ... Notice From The Securities Law Firm of Klayman & Toskes to Investors Who Purchased Auction Rate Securities From UBSThursday July 3, 6:25 pm ET ... NEW YORK, July 3, 2008 (PRIME NEWSWIRE) -- One week after Massachusetts' Secretary of State filed civil fraud charges, Docket No. 2008-0045, against UBS Securities, LLC and UBS Financial Services (NYSE: - ) in... (Primezone Releases)
Company May Pursue Fraud Claims Against Foley Partner Jul 3, 2008
The court determined that a jury could find that Burr, a partner with Eckert Seamans Cherin & Mellot at the time, and two of Park Communication's executives made misleading omissions and misrepresentations under federal securities law. The decision in , No. 07-7137, overturned a district court's ruling that granted summary judgment to Burr and the other defendants. (Law.com)
Catalyst appoints Bill Dickson to board of directors Jul 1, 2008
He also taught Economic Regulation and Business Law at Dalhousie Law School and lectured on securities law and corporate finance in the Faculty of Law at the University of British Columbia. In the early 1990s he was resident partner of the Tory Ducharme Lawson Lundell office in Hong Kong. (PR Newswire)
A conflict of interest in Wall Street's marketing of securities Jun 29, 2008
A conflict of interest in Wall Street's marketing of securities - International Herald Tribune. A conflict of interest in Wall Street's marketing of securities. (International Herald Tribune -- Business)
E-Mail That Investors Might Like to Read Jun 29, 2008
The Massachusetts complaint alleges that sophisticated Wall Street insiders, knowing that the market for auction-rate securities was failing, foisted these same securities off on innocent public investors through profoundly deceptive sales practices, said Lewis D. Lowenfels, a securities law expert at Tolins & Lowenfels who represents a handful of auction-rate securities investors. If these allegations prove to be true and prevalent throughout the Wall Street community, then civil actions... (Atlanta Journal-Constitution -- Business)
Iberian Minerals Corp. Completes Project Financing Jun 28, 2008
This press release, required by applicable Canadian securities law, is not for distribution to U.S. news services or for dissemination in the United States, and does not constitute an offer of the securities described herein. These securities have not been registered under the United States Securities Act of 1933, as emended, or any state securities laws, and may not be offered or sold in the United States or to U.S. persons unless registered or exempt therefrom ... This news release contains... (CCNMatthews Press Releases)
The grasp of BP on oil assets in Russia gets more tenuous Jun 27, 2008
TNK-BP Ltd., which is registered in the British Virgin Islands and immune from Russian securities law, also has minor assets in Ukraine and in Russia that are not held through TNK-BP Holding. Still, a loss of control over TNK-BP Holding would be a crippling blow for BP.. (International Herald Tribune -- Business)
Petrolympic Announces Grant of Stock Options and Appointment of Secretary and New Chief Financial Officer Jun 27, 2008
Prior to that he was the managing partner of a prominent Bay Street securities law boutique where he represented public issuers and investment dealers. His legal practice and investment bank activities have been focused on corporate finance and going public transactions. (CCNMatthews Press Releases)
AerCap Holdings N.V. Announces $1bn Aircraft Securitisation Jun 26, 2008
The Class A-1 Notes and the Class A-2 Notes will rank pari-passu and have substantially similar terms, but different transfer restrictions for securities law purposes ... The Class A-1 Notes, Class A-2 Notes and Class E-Notes (the "Notes") may be offered to qualified institutional buyers under Rule 144A, institutional accredited investors and to persons outside the United States under Regulation S. The Notes will not be registered under the United States Securities Act of 1933, as amended ("the... (Canada Newswire)
RiskMetrics Group Reaffirms Support "FOR" U3O8 Corp's Director Nominees Jun 24, 2008
U3O8 Corp. has advised Aberdeen that the company will provide the NOBO list once it is received and in accordance with applicable securities law to provide such list within 10 days. U3O8 Corp. reminds shareholders that Aberdeen established its own timetable when it filed its dissident circular on SEDAR on June 16, 2008, ten days prior to U3O8 Corp's annual shareholders' meeting. (CCNMatthews Press Releases)
Prof. Chris Nicholls takes your questions Jun 21, 2008
Nicholls practised corporate and securities law, first with two of Toronto's largest corporate law firms, then as a corporate finance and securities attorney in Hamilton, Bermuda. Prof. (Globe and Mail -- Business)
Notice to Bear Stearns Investors: Securities Firm Burke, Harvey & Frankowski, LLC Investigates Bear Stearns High-Grade Structured Credit Strategies Master Funds Jun 20, 2008
June 19, 2008 (PRIME NEWSWIRE) -- The Securities Law Firm of Burke, Harvey & Frankowski, LLC () announced today that it has begun an investigation into losses sustained in the Bear Stearns High-Grade Structured Credit Strategies Enhanced Leverage Master Fund Ltd. and in the Bear Stearns High-Grade Structured Credit Strategies Master Fund Ltd. (``the Bear Stearns Funds''). These funds invested heavily in subprime-mortgage related securities or Collateralized Debt Obligations (CDOs) and lost... (Primezone Releases)
Stetson Shareholders Approval Election of Directors, Including Addition of Dr. Fari Goodarzi Jun 19, 2008
Except for statements of historical fact contained herein, the information in this press release constitutes "forward-looking information" within the meaning of Canadian securities law. Such forward-looking information may be identified by words such as "plans", "proposes", "estimates", "intends", "expects", "believes", "may", "will" and include, without limitation, statements regarding the impact of the election of the board on the Company. (CCNMatthews Press Releases)
Meetings/news briefs Jun 19, 2008
The Regulation and Licensing Department Securities Division protects New Mexicans from fraud and financial abuse by licensing investment professionals, registering securities offering made in the state and investigating financial fraud and other violations of the state securities law. To learn more about investor traps, please visit the NASAA Fraud Center on the NASAA Web site at. (Rio Rancho Observer, NM)
/R E P E A T -- Alberta Oilsands Inc. announces independently interpreted core well results/ Jun 18, 2008
Forward-Looking Statements: This press release contains certain "forward-looking statements" within the meaning of such statements under applicable securities law including management's assessment of the Company's properties, production and prospects ... The common shares of the Company have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and have not been and will not be offered or sold in... (Canada Newswire)
Indian is Obama campaign spokesman Jun 17, 2008
After earning a law degree from Nothwestern School of Law, he practiced securities law in Chicago for two years. Drawn to public service, he quit his law practice to become deputy policy director for Dan Hynes' Senate campaign in Illinois in late 2003. (Sify.com, India)
To The Point Jun 15, 2008
TCI and 3G Capital disclosed their holdings two days after a judge ruled that the funds violated securities law by not disclosing their large stakes earlier. Despite that, the judge said the funds can vote those shares at a June 25 shareholders meeting. (Investors Business Daily)
Florida-Based Firm's Equine Law Practice Group Taps Into $5 Billion Industry Jun 14, 2008
One way de Armas uses his expertise in securities law is helping clients form partnerships to purchase thoroughbreds. The practice of animal law runs the gamut from representing ownership groups, veterinarians in malpractice cases and individual pet owners in divorces, estates and dangerous animal citations. (Law.com)
Webster Strengthens Its Capital Position, Selling $225 Million of Convertible Preferred Stock Jun 12, 2008
This news release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sales of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities law of any such state or jurisdiction. The preferred stock was issued pursuant to an effective shelf registration statement. (PR Newswire)
Robert N. Granger Appointed Chairman of RSM Board of Directors Jun 12, 2008
Mr. Granger, an Ontario resident, has practiced law in Toronto, Ontario for more than 30 years mainly in the corporate and securities law areas. He has been an officer and director of a number of resource companies during this period. (CCNMatthews Press Releases)
Solana Resources Limited ("Solana" or the "Company") - Corporate Update Jun 10, 2008
Forward-Looking Statements Certain information regarding the Company, including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities law and necessarily involve risks associated with oil and gas exploration, production, marketing and transportation such as loss of market, volatility of prices, currency fluctuations, imprecision of reserve estimates, mechanical problems, equipment limitations, environmental risks,... (Canada Newswire)
Fundamentals Jun 10, 2008
CSX sued Children's and 3G in March, alleging securities law violations in getting its 8. 7 percent stake in the company. (Albany Times Union)
Growing valley legal demand spurs on firms Jun 10, 2008
Chapman legal expertise includes securities law, venture capital, mergers and acquisitions and international business transactions. The co-leader of Nixon Peabody's China group, Chapman received his law degree and master's in business at Santa Clara University and is already well connected in Silicon Valley. (San Jose Business Journal, CA)
BrazAlta Resources Corp. to Commence a Seven Well Exploration Drilling Program With Brownstone Ventures Inc. and W.Washington in Reconcavo Brazil Jun 5, 2008
This press release contains certain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. (CCNMatthews Press Releases)
Village Super Market, Inc. Reports Results for the Quarter and Nine Months Ended April 26, 2008 Jun 4, 2008
All statements, other than statements of historical fact, included in this Press Release are or may be considered forward-looking statements within the meaning of federal securities law. The Company cautions the reader that there is no assurance that actual results or business conditions will not differ materially from future results, whether expressed, suggested or implied by such forward-looking statements. (Primezone Releases)
Securities law figure gets 2 1/2 -year prison term Jun 3, 2008
Mel Weiss, co-founder of the securities law firm Milberg, was sentenced Monday to 2 1/2 years in prison for illegally paying clients to file shareholder suits that prosecutors said earned $251 million in lawyer fees. Weiss, 72, must forfeit $9. (Houston Chronicle)
Looking For Mass Torts Jun 3, 2008
The tort mavens also talked about switching to securities law, a field not especially starving for practitioners. In any case they won't lack for clients, at least so said literature handed out by Einstein Law, a San Diego marketing outfit hired by lawyers: "Clients delivered daily. Increase traffic. Increase conversion. Increase revenue." So much for the common-law doctrine of barratry, which says that stirring up litigation unnecessarily is wrong. (Forbes)
Abode Mortgage Holdings Corp. Announces Closing the First Tranche of a Non-Brokered Private Placement of Convertible Unsecured 10% Notes May 31, 2008
The notes, and any shares issued upon exercise of the first tranche of notes are subject to a hold period and may not be traded until October 1, 2008 except as permitted by the applicable securities law, the Rules made thereunder, and the TSX Venture Exchange. The proceeds from the private placement will be used for working capital and for general corporate purposes. (CCNMatthews Press Releases)
Big Brown Owner's Trade Rap Disclosed May 29, 2008
"To me, as a prospective investor in his hedge fund, that's clearly material information I'd want to know," said Alan Bromberg, who teaches securities law at Southern Methodist Law School in Dallas. Iavarone, in an interview yesterday, said his seven-year Wall Street career consisted of selling penny stocks at four different brokerage firms, including A. R. Baron & Co. Others are Lloyd Wade Securities Inc., Maidstone Financial Inc., both in New York City, and Joseph Dillon & Co., in Great Neck,... (New York Post -- Business)
eQube International Inc. Receives Texas Lottery License May 28, 2008
The forward-looking statements are made as of the date of this news release and eQube assumes no obligation to update or revise them to reflect new events or circumstances, except as expressly required by applicable securities law. SOURCE eQube Technology and Software Inc.. (PR Newswire)
