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Spector, Roseman & Kodroff, PC Files Class Action Suit Against Keithley Instruments Inc

The law firm of Spector, Roseman & Kodroff, PC announces that a class action lawsuit has been commenced in the United States District Court for the Northern District of Ohio against defendants Keithley Instruments, Inc.. ( “Keithley” or the “Company”) (NYSE: KEI), and Joseph P. Keithley, Chairman, President, and Chief Executive Officer, on behalf of purchasers of the stock of Keithley during the period from January 18, 2001 through March 9, 2001, inclusive, (the “Class Period”).The complaint alleges that defendants violated Sections 10 (b) and 20 (a) of the Securities Exchange Act of 1934, and Rule 10b-5 promulgated thereunder, by issuing a series of material misrepresentations to the market during the Class Period regarding the demand for the Company’s products and its expected revenues. Specifically, defendants stated that they anticipated that second quarter revenues would exceed those of the first quarter, in part, because of strong demand for the Company’s products and the Company’s record backlog. As alleged in the complaint, these statements were false and misleading when made because defendants knew that Keithley was suffering from reduced new equipment orders, delays in scheduled deliveries and, with respect to semiconductor customers, canceled orders, all of which would lead to reduced sales and earnings in the second quarter of 2001. As further alleged in the complaint, defendants’ statements that Keithley’s backlog was sufficiently large to overcome any softness in the economy and would lead to increased sales and earnings for the second quarter of 2001 were also materially false and misleading because defendants knew but did not disclose that the backlog was not a true measure of sales revenue because the backlog was subject to cancellation or delayed shipment at the “buyer’s” discretion.

Spector, Roseman & Kodroff, PC In the event of termination class action against the World Space Inc

 The law firm Spector, Roseman & Kodroff, PC announced that investment firms-Class Action Lawsuit began in the USA District Court for the Southern District of New York, on behalf of people, purchased or otherwise acquired publicly traded securities of World Space, Inc. ( “World Space” or the “Company”) (Nasdaq: WRSP) after the Initial Public Offering (IPO) of World Space, on or about 4 August 2005 (the ” Class Period “).

The complaint alleges that the defendants against federal laws on securities issuance clearly false and misleading statements in press releases and filed with the Securities and Exchange Commission during the Class Period. In particular, the complaint alleges that the defendants against § 11, 12 (a) 2 and 15 of the Securities Act of 1933. The complaint alleges that representations relating to the sale of shares of World Space, at IPO was much false and misleading because the stock price of the company was artificially inflated because the subscribers had bought a three-month prepaid subscription of the World Space “Access Control System” because of a promotional offer, but was to continue to pay a subscription or after the time period that is not the company subscribers count. Instead of subscriptions expire this report as “churned,” defendants prosecuted for subscriptions to expire at the company additional subscribers are a tribe of 90 days after the expiration of the initial period of three months the period promotion. When these facts and their impact on society, operating income were fully disclosed, the price of shares of the company is diminished.

Tobacco Control Air SmokeFREE impetus for legislation

A new American Lung Association report on state tobacco laws approved so far in 2004 shows a lack of major legislative achievement in tobacco control. However, the momentum for a strong nationwide smoke-free air laws appears to be continued.

The economic outlook seems to be improving for most states, leading to less activity in cigarette taxes than in previous years when budgets were strapped legislators and sought new sources of income. Two states, Alabama and Virginia, have their cigarette taxes since 1 January at 26 cents and 17.5 cents. An increase of 35 cents in Pennsylvania was launched in December 2003 and came into force in January 2004. From this 1st July the average state taxes are 74.0 cents per pack. Alaska, Michigan, Oklahoma and Texas are also seriously considering tax increases.

“Higher cigarette taxes are win-win-win decisions for the policy. The advantages are enormous. Higher taxes keep children from smoking, motivate adults to stop smoking trim future health care costs increase and new sources of revenue can be used to help fund Tobacco prevention programs, “said John L. Kirkwood, president and CEO of the American Lung Association.

Local cigarette taxes have also contributed to significant reductions in smoking rates, “he said.

A recent survey done by the New York City Department of Health and Mental Hygiene showed a 11-percent reduction in adult smokers with the New York City residents, and a 13 percent reduction in consumption. This corresponds to 100000 fewer smokers, and 30000 fewer deaths attributable to smoking. Cook County, IL, including Chicago, raised its cigarette tax from 18 cents to 1.00 dollars per pack in April 2004, a 82-cent increase.

Spector, Roseman & Kodroff, PC In the event of termination class action against Amgen Inc

The law firm Spector, Roseman & Kodroff, PC announced that investment firms-Class Action Lawsuit began in the USA District Court for the Central District of California on behalf of people, purchased or otherwise acquired securities Publicly traded by Amgen, Inc. ( “Amgen” or the “Company”) (Nasdaq: AMGN) in the period between 4 and May 9, 2005 March 2007 (the “Class Period”).

The complaint alleges that the defendants against federal laws on securities by issuing much false and misleading statements in press releases and filed with the Securities and Exchange Commission during the Class Period. In particular, the complaint alleges that during the Class Period, defendant sells Aranesp for use by doctors and Epogen off-label for applications. This leads to Amgen sold several hundred million dollars worth drugs every year at the Off-LabelPrint. In October 2006, a group of researchers stopped a clinical study of the head and neck cancer cancer in patients treated with Aranesp because more deaths occurred in patients treated with Aranesp than in those of a placebo. Defendant did not disclose these results to investors. On 16 February 2007, a publication called The Cancer Letter published an article on the results of the study and on March 9, 2007, the FDA has a “black box” warning for off-label use of Aranesp and Epogen. These revelations caused Amgen’s stock price declines.

If you purchased securities class Amgen during the period, not later than 18 June 2007 to be appointed as the principal applicant in this category. A Lead plaintiff a representative elected by the Court, that acts on behalf of other class members in the direction of the judicial process is excluded. The Private Securities Litigation Reform Act of 1995, courts to assume that members of class (es) with the “largest financial interest in the outcome of the case best serve the class in this property. The courts are discretion in determining the class member (s) have the largest financial interests “and determined leader requiring considerable losses on both absolute and percentage of their assets to society.

Philadelphia-Area High Schoolers Notorious burned by a travel agency

In autumn, its leaders Haverfordwest year of high school, Alicia McGinley, 18, began payments in a dream: a week of senior trip in the Bahamas to celebrate graduation with friends.But McGinley said, if their journey finally arrived last month, a large portion of them was a nightmare: an unexpected change of a hotel, still under construction, unexpected expenses, meets or unavailable Tour staff, not promises.

After the trip, McGinley learned something almost as disturbing that the same experience: the company has looked at it, Surf & Sun Tours, Jupiter, Florida, was the target of numerous accusations in the same way as their own . It was prosecuted by attorneys general of California and Arizona, and is the subject of an investigation to another place.

Surf & Sun Vice President Shawn Thomas said in an interview this week that the company has denied all accusations against him in costumes, which are underway. He said, Surf & Sun sells more than 30000 students, travel packages, a year after Mexico and the Caribbean under its own name and as eStudentTravel.com, and that the vast majority of customers are satisfied.

Spector Roseman & Kodroff PC Advertises submission

The law firm Spector, Roseman & Kodroff, PC announces that a securities class action lawsuit began in the United States District Court for the Northern District of California, on behalf of purchasers of the common stock of Sipex Corporation ( “Sipex” or the “Company”) between the 11th April 2003 to January 20, 2005, inclusive (the “Class Period”).The complaint alleges that the defendants violate the laws of the Federal securities by issuing false and significantly misleading statements in press releases and filings with the Securities and Exchange Commission during the Class Period.

Petroleum Company and Shell Transport and Trading Company PLC

The law firm Spector, Roseman & Kodroff, PC announces that it has a securities class action lawsuit in the United States District Court for the District of New Jersey, on behalf of purchasers of American Depository Receipts (ADRs) of Royal Dutch Petroleum Company ( “Royal Dutch”) and / or The Shell Transport and Trading Company plc ( “Shell Transport”) (collectively known as Royal Dutch / Shell “)The complaint alleges that the defendants Royal Dutch, Shell Transport, Shell Petroleum NV, Shell Petroleum Limited, Maarten van der Bergh, Judy Boynton, Malcolm Brinded, SL Miller, JM Harry Roels, Paul D. Skinner, M. Moody-Stuart.

Penn State Penn State ticket deficit causes scams

Like many Pennsylvania State University students this year, Brittany Walter was out of luck for football tickets. But, after being contacted by a man selling tickets, she thought her luck was back.After posting an ad on the Penn State classifieds Web site www.lionconnection.com, Walter (senior-sociology) said she received a phone call from a Chicago man saying he had two tickets to the Michigan game.

Walter said the man was very nice and even talked to her father.

Citigroup puts FTC indictment against the Associates

In the largest settlement of the FTC, consumer protection in history, Citigroup Inc. will pay $ 215 million to settle Federal Trade Commission charges, Associates First Capital Corporation and Associates Corporation of North America (The Associates); a systematic and widespread deceptive and abusive practices Granting of credit. Citigroup acquired Associates in November 2000 and merged Associates “Consumers in the financing of its subsidiary, CitiFinancial Credit Company. The village east of approval of the Federal District Court in Atlanta and approval of a subdivision in a Class Action Lawsuit currently California. If approved, the FTC and collective settlements of $ 240 million compensation for consumers to the USA and its territories.

O’Melveny & Myers LLP announces partnership class for 2005

Eric J. Amdursky. Eric is a member of the Labour and Employment Department and is resident in the firm Newport Beach. He completed his law studies in 1995 from Loyola Law School, where he was a Sayre MacNeil Scholar and a member of the Order of the Coif. Eric joined O’Melveny & Myers in 1995 and has since undertaken a broad-based labor and employment practice, including employment litigation, labor and employment in corporate transactions and labour and employment advice. Eric has specific experience in the field of employment class action defense, covenants not to compete and other restrictive agreements, employment discrimination litigation and high-stakes executive disputes. Elizabeth H. Baird. Lizzie Baird is a member of the Department of Litigation and his residence in the company’s Washington, DC. She received her law degree from Georgetown University Law Center in 1996. Former Managing Director of Meridian Capital Corporation and a municipal bond trader on Wall Street for ten years, Lizzie joined O’Melveny & Myers in 2001. Lizzie practice focuses on the defense of securities enforcement actions, both regulatory (by the SEC, NASD, NYSE or similar facilities) and criminal (by the DOJ, Nyag or similar bodies). Jeffrey A. Barker. Jeff Barker is a member of the Department of Litigation and his residence in the company Century City office. He completed his law degree in 1993 from the University of California, Los Angeles School of Law, where he served as Chief Managing Editor of the UCLA Law Review and a respected lawyer in the UCLA Moot Court Honors Program.