TACOMA, Wash.–(BUSINESS WIRE)–Sept. 12, 2003–Frank Russell Company – One-Day Educational Forum Will Address Critical Issues Facing Both Trustees and Staff of Non-Profit Organizations – Agenda Will Focus on Investment and Spending Issues, Governance and Fiduciary Responsibilities, and Philanthropy in the […]

LAXEY Partners, an Isle of Man-based hedge fund manager, has bought a 12.57% stake in the (pounds) 48m Martin Currie European Investment Trust. The well-known activist shareholder bought a tranche of 3.08 million shares in the trust to give it […]

CHARLOTTE, N.C. (AP) – Bank of America Corp. has apparently begun firing employees suspected of having been involved in improper mutual fund trading which is being investigated by New York stateAttorney General Eliot Spitzer. The Wall Street Journal reported Thursday […]

CAMBRIDGE, Mass.–(BUSINESS WIRE)–Sept. 11, 2003–Artisoft(R), Inc. (NASDAQ: ASFTC), developer of the first software-based phone system, today announced the closing of its financing previouslyannounced on June 30, 2003. In the financing, Artisoft sold an aggregate of 2,627,002 shares of its Series […]

Tokyo, Sept. 11 (Jiji Press)–Stocks tumbled on the Tokyo Stock Exchange Thursday as a broad range of issues were clobbered by sales triggered by U.S. stocks’ fall overnight. “A sharp fall of the Nasdaq composite index provided a good opportunity […]

Sep. 11–Bank One will make “appropriate restitution” to mutual-fund shareholders who were harmed by improper trading with Canary Capital Partners, Chief Executive Jamie Dimon said. Dimon said Bank One is evaluating the trading policies of its One Group of mutual […]

Shareholders were given further reason not to back Royal & SunAlliance ‘ s pounds 960m rights issue yesterday after Standard & Poor’s said it had cut the credit rating of the troubledinsurance group’s US subsidiary to non-investment grade. S&P said […]

Sep. 11–Facing separate mutual fund investigations, Charlotte’s big banks are making sure employees know they will not tolerate questionable trading practices. Wachovia Securities, the brokerage arm of Wachovia Corp., sent a bulletin this week to its 12,000 brokers reiterating the […]

Two more suits filed against Strong Thursday, September 11, 2003 Two more class action lawsuits were filed Wednesday against Strong Capital Management Inc. in connection with New York Attorney General Eliot Spitzer’s allegations that the Menomonee Falls investment company allowed […]

Sep. 11–What’s with the SET? I have received this question from several of my money manager friends. After all, while most markets around the world have had rallies, Thailand has been on a tear,rising 57 percent this year alone. For […]

Sep. 11–The nation’s mutual fund companies are asking outside sales representatives for assurances that the funds’ bans on market timing are being honored. The Securities and Exchange Commission is raising similar questions of brokerage firms, as the focus of the […]

<body.content> <block> <p>NEW YORK, Sept. 10 /PRNewswire/ — The law firm of Milberg Weiss Bershad Hynes &amp; Lerach LLP announces that a class action lawsuit was filed onSeptember 8, 2003, on behalf of purchasers of the securities of the Nations […]