Monthly Archives: September 2003
Barrack Rodos & Bacine Announces the Filing of a Class Action Suit Against Strong Financial Corp. Defendants and Canary Defendants on Behalf of Purchasers of the Securities of the Strong Funds Family of Funds
<body.content> <block> <p>PHILADELPHIA, Sept. 19 /PRNewswire/ — Counsel for Class Plaintiffs, Barrack, Rodos & Bacine, today issued the following:</p> <p>Aclass action has been commenced in the United States District Court for the District of New Jersey on behalf of purchasers […]
Longwood, Fla., Securities Firm Questioned in Hedge-Fund Case
Sep. 19–A Central Florida securities firm has been drawn into the high-profile case of Canary Capital Partners, the New Jersey-based hedge fund accused by New York authorities of conducting animproper multimillion-dollar mutual-fund trading scheme. Empire Financial Group Inc. of Longwood […]
Strong Capital Management Hires Outsiders to Explore Trading Allegations
Sep. 19–Richard S. Strong, founder and chairman of Strong Capital Management Inc., said Thursday that his firm has hired outside professionals to carry out an internal review related to New YorkAttorney General Eliot Spitzer’s allegations of improper trading. Thursday was […]
Rabin, Murray & Frank LLP Commences Class Action Against Janus Capital Group Inc. and Canary on Behalf of Purchasers of The Securities of The Janus Family of The Funds
Rabin, Murray & Frank LLP Commences Class Action Against Janus Capital Group Inc. and Canary on Behalf of Purchasers of The Securities of The Janus Family of The Funds NEW YORK, Sept. 19, 2003 (PRIMEZONE) — A class action lawsuit […]
High-yield bonds tipped to stay strong, HONG KONG IMAIL
xfdws HIGH-YIELD-BONDS sked Emerging Markets Datafile September 18, 2003 HONG KONG IMAIL HONG KONG ENGLISH High-yield bonds tipped to stay strong, HONG KONG IMAIL Foster Wong ASIA WorldSources, Inc. 322 MASSACHUSETTS AVENUE 2ND FLOOR, NE WASHINGTON, DC 20002 COPYRIGHT 2003 […]
Bear Stearns Reports Third Quarter 2003 Earnings of $2.30 Per Share, Up 87.0% from Third Quarter 2002
NEW YORK–(BUSINESS WIRE)–Sept. 18, 2003– <pre><br> Net Income up 90.6% to $313.4 Million, Nearly Doubling from $164.4<br> Million in Third Quarter 2002<br><br>Pre-Tax Profit Margin Hits 32.5%<br><br> Quarterly ROE 21.3% : Trailing 12-Month ROE 19.0%<br></pre> The Bear Stearns Companies Inc. (NYSE:BSC) […]
Spitzer targets broker Criminal charges in mutual fund case
A former broker at Bank of America has been charged with larceny and securities fraud, accused of helping a hedge fund engage in after-hours trading of mutual fund shares. The broker, Theodore Sihpol3rd, is the first to face criminal charges […]
Bear Stearns Reports Third Quarter 2003 Earnings of $2.30 Per Share, Up 87.0% from Third Quarter 2002
NEW YORK–(BUSINESS WIRE)–Sept. 18, 2003– <pre><br> Net Income up 90.6% to $313.4 Million, Nearly Doubling from $164.4<br> Million in Third Quarter 2002<br><br>Pre-Tax Profit Margin Hits 32.5%<br><br> Quarterly ROE 21.3% : Trailing 12-Month ROE 19.0%<br></pre> The Bear Stearns Companies Inc. (NYSE:BSC) […]
Greenwich, Conn., Business Provides Personalized Items for Large Corporations
Sep. 18–Hidden on the top floor of a historic Greenwich office building, a business owned by two brothers is making friends with some of the largest corporations in the nation. Listed on the National Historical Register, The Maher Building at […]
Liberty bond issue sends rumour mill into overdrive ; SHARES AND MARKET REPORT
NEWS THAT Liberty International had launched a pounds 240m convertible bond yesterday immediately set tongues wagging in the City on the issue of what the property group is going to do with the cashits raises. Although Liberty, whose shares ended […]
Bernstein Liebhard & Lifshitz, LLP Announces Class Action Lawsuit Commenced Against Bank One (One Group) Mutual Funds
NEW YORK, NY — (MARKET WIRE) — 09/17/2003 — A class action lawsuit was commenced in the Northern District of Illinois, Eastern Division, on behalf of all purchasers, redeemers and holders ofmutual fund shares or other ownership interests of one […]
Texas Investors Lose Big in Troubled Connecticut Hedge Fund Sued by SEC
Sep. 17–A former high-flying Connecticut hedge fund company that once purported to have $1 billion in assets has apparently scorched several well-heeled Texans including Dallas’ Morton H. Meyersonand other prominent investors for millions of dollars. The Securities and Exchange Commission […]