Google’s Nexus One Pricing, Terms of Sale Leaked
A day after Google confirmed its Android media event next week pricing details and the terms of sale were leaked for its highly anticipated Nexus One smartphone.
Select Rugs Ushers in the New Year with Nearly 400 College and NFL Area Rugs
NFL team rugs are offered with multiple design options as well. The football field rug is available with any team logo in the center of the field, and the team name in the end zones. NFL area rugs can also be ordered with the team logo as a repeat pattern, or with the team logo taking up the majority of the rug. (PRWeb Dec 31, 2009) Read the full story at http://www.prweb.com/releases/sports/Rugs/prweb3391954.htm
Berger & Montague, P.C. Files a Class Action against Revlon, Inc. and Certain of…
PHILADELPHIA, Dec. 31 /PRNewswire/ — The law firm of Berger & Montague, P.C. has filed a class action in the U.S. District Court for the District of Delaware that would include all shareholders who tendered their Class A Common Stock for conversion to Series A preferred stock pursuant to Revlon’s exchange offer (“Exchange Offer”) of September 24, 2009, effectuated October 8, 2009 (the “Class”). Investors who held Revlon (“Revlon” or the “Company”) (NYSE: REV ) and converted their shares to Series A preferred stock pursuant to Revlon’s offer materials of September 24, 2009 (“Offer Materials”) may move the Court to appoint them as lead plaintiff no later than March 1, 2010. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Investors in Revlon who wish to discuss this action or the lead plaintiff selection process may contact Lawrence Deutsch, Esq. or Robin Switzenbaum, Esq. of Berger & Montague, P.C., toll free at 1-888-891-2289, or by e-mail at ldeutsch@bm.net or rswitzenbaum@bm.net . A copy of the class action complaint can be viewed on Berger & Montague, P.C.’s website at www.bergermontague.com or may be viewed online via the U.S. PACER system or requested from the Court. The case is John Garofalo, et al v. Revlon, Inc., et al. Defendants are Revlon, Inc., Ronald O. Perelman, MacAndrews & Forbes Holdings Inc., Barry F. Schwartz, David L. Kennedy, Alan T. Ennis, Alan S. Bernikow, Paul J. Bohan, Meyer Feldberg, Ann D. Jordan, Debra L. Lee, Tamara Mellon, Kathi P. Seifert and Kenneth L. Wolfe. Revlon is a wholly owned subsidiary of Revlon Consumer Products Corporation (“RCPC”), that engages in the manufacturing, marketing and sale of cosmetics, women’s hair color, beauty tools, fragrances, skin care, deodorants and other personal care products. The complaint alleges that Revlon and certain of its officers and directors violated the federal securities laws and Delaware state law by omitting to disclose material information from those persons who tendered their shares into Revlon’s September 24, 2009 Exchange Offer, pursuant to which Revlon offered to exchange each outstanding share of its Class A common stock (“Common Stock”) for one share of a newly issued series of Revlon Series A preferred stock. The Exchange Offer was the outgrowth of a proposal by Revlon’s controlling stockholders, MacAndrews & Forbes Holdings Inc. and certain of its affiliates, to acquire all of the shares of Revlon’s common stock they did not already own. Following the October 8, 2009 consummation of the Exchange Offer, pursuant to which the members of the Class tendered 9,336,905 shares of Revlon Class A common stock for shares of Series A Preferred, Revlon announced stellar financial results for its quarter ended September 30, 2009 (“Third Quarter 2009″) causing the Company’s Class A common stock price to rise by over 300%. The complaint further alleges that despite the fact that the Exchange Offer closed only a week after Revlon’s Third Quarter 2009, its stockholders were not provided with material information about the Company’s expected positive results possessed by defendants in the Offer Materials. The tendering stockholders were entitled to receive such critical information before deciding whether to exchange their common stock. Plaintiff seeks damages on behalf of a class for the losses they suffered as a result of defendants’ non-disclosure of material facts and breaches of their fiduciary duties. Plaintiff is seeking remedies under §§ 14(a) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”), and Rule 14a-9 promulgated thereunder by the SEC, and under Delaware state law. As a result of the Defendants’ failure to properly disclose all relevant information, plaintiff and other members of the Class have been damaged since they did not receive their proportionate share of the value of the Company’s profits, assets and business when they tendered their Common Stock in the Exchange Offer. For more information about this case, please contact: Berger & Montague, founded in 1970, is a pioneer in class action litigation. The firm’s approximately 70 attorneys concentrate their practice in complex litigation including securities fraud and corporate governance, antitrust, civil and human rights, consumer protection and environmental and mass torts, and have recovered several billion dollars for consumers and investors. SOURCE Berger & Montague, P.C. RELATED LINKS http://www.bergermontague.com
Ultra Fast Power Protection Against the Most Common Power Disturbances
The Power Manager provides Work horse power protection with Patent Pending CVSS Technology perfect for HDTV’s, audio components, computers, monitors, printers, copiers, home appliances, scanners, IT equipment, medical equipment, and test equipment where 20 Amp (CV-TFB-3411) service is required. Bright LCD Display shows frequency and type of disturbances protected against. CVSS (Current and Voltage Surge Suppression) Technology protects electronic equipment from the 5 Major Power Grid Disturbances, including: Voltage Sags that cause dangerous Current Inrush events Over Voltage that damages equipment and most power protectors Voltage Surges caused by lightning and other electrical disturbances Brownouts (Under Voltage) Power Outages Such disturbances are the root cause of equipment malfunction and failure. INDEPENDENT OF PRICE, NO OTHER POWER PROTECTION DEVICE OFFERS THIS LEVEL OF PROTECTION. The Quick-Check Diagnostic Summary feature comes standard, providing details of the type of disturbance last encountered and protected against. 5 Protection modes to guard against the 5 major power grid disturbances Ultra Fast Protection against the most common disturbance – Voltage Sag Eliminates Dangerous current inrush that can damage equipment Ultra fast reaction to dangerous Over Voltage. Protects connected equipment and ensures voltage surge protection for years to come Microprocessor based power grid disturbance detection and protection Price: $199.99 Read more
Liquidation World Announces Fiscal 2009 Results
BRANTFORD, ONTARIO–(Marketwire – Dec. 31, 2009) – Liquidation World Inc. (TSX:LQW) today announces the results of the 2009 fiscal year, representing the 52-week period ended October 4, 2009. Revenue from continuing operations decreased 13.5% to $157.8 million from $182.4 million in the prior year. Same store sales in fiscal 2009 decreased 7.1% as compared to fiscal 2008. In 2009, the Company recorded a net loss from continuing operations of $17.6 million ($1.32 per share) compared to a net loss from continuing operations of $9.9 million ($1.20 per share) in the prior year. Including the results of discontinued operations, the Company recorded a net loss and comprehensive loss of $11.3 million ($1.37 per share) in fiscal 2008.
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