| Law Offices Bernard M. Gross, P.C. Files Class Action Suit Against RAIT Financial Trust -- RAS
PHILADELPHIA, Aug. 1, 2007 (PRIME NEWSWIRE) -- Law Offices Bernard M. Gross, P.C. today announced that a class action lawsuit has been commenced in the United States District Court for the Eastern District of Pennsylvania on behalf of purchasers of the securities of RAIT Financial Trust (``RAIT'' or the ``Company'') (NYSE:RAS - News) between January 10, 2007 and July 31, 2007, inclusive (the ``Class Period''), seeking to pursue remedies under the Securities Exchange Act of 1934 (the ``Exchange Act''). RAIT had an offering of 10 million shares of its common stock on January 10, 2007. If you wish to serve as lead plaintiff, you must move the Court no later than September 30, 2007. If you wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact plaintiff's counsel, Deborah R.
Sicko’s reel change (Metro Times Detroit)
Where does entertainment end and activism begin? When asked in relation to the documentary Sicko, those two threads are so entwined the question can't be answered. Before director Michael Moore shot a single frame of Sicko, activist groups he'd reached out to were supplying him with the stories of people who'd fallen victim to this country's health care system. The same is true of staffers for Detroit Congressman John Conyers, who has introduced a bill that seeks to create a single-payer (read government-run) universal health care system for America. .
Cops: Woman used man's credit cards
EASTON | A woman who police say racked up nearly $40,000 in credit card and phone bills on accounts belonging to a man who suffers from dementia waived her preliminary hearing Tuesday. Police say Theresa L. Wilson used at least eight credit cards, three cell-phone accounts and a car loan since January 2006 totaling $39,540. The accounts belong to John Procopio, who suffers from dementia and social isolation, police said. Paul Aaroe, Wilson's attorney, said there is a civil lawsuit settlement in the works to resolve the money matters. "It is agreed that there is money owed, albeit not any criminal (activity)," Aaroe told District Judge Michael Koury Jr. Aaroe said he is working with Henry R. Newton Jr., Procopio's legal guardian, to agree upon an amount of money to be repaid.
Market trauma affects mortgages
The continuing tumult within the home loan industry sent a shock wave of fear throughout global financial markets, but it isn't just Wall Street investors who need to pay attention. This tale has a bottom line for Albuquerque home owners and prospective home buyers. "What's happening right now is we're having a correction," said Steve Cecco, president of the New Mexico Association of Mortgage Brokers and part-owner of AmeriStar Mortgage Group Inc. in Albuquerque. "The pendulum has swung from where it's simple to get a loan to much harder to get a loan." The Dow Jones industrial average fell 387.18 points Thursday, its biggest one-day decline since February. It fell another 100 points early Friday, but recovered to close at just 31.14 points down after the Federal Reserve injected billions of dollars into the market.
Hammonds Industries, Inc., a Subsidiary of American International Industries, Inc., files Form 10-QSB and Reports 2nd ...
Ms. Sherry Couturier, Chief Financial Officer of HMDI, which owns Hammonds Technical Services, Hammonds Fuel Additives and Hammonds Water Treatment Systems, announced that revenues were $2,417,776 for the three months ended June 30, 2007, compared to $1,835,659 for the three months ended June 30, 2006, representing an increase of $582,117, or 32%. Revenues for the six months ended June 30, 2007 were $4,037,175, compared to $3,160,828 for the same period in 2006, representing an increase of $876,347, or 28%. The increase was due to higher demand for Hammonds Water Treatment products and sales of Hammonds Technical Services' transport mounted injection systems. Hammonds Technical Services' revenues increased by $270,828 and $224,516 for the three and six months ended June 30, 2007, respectively.
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