Faruqi & Faruqi, LLP and The Rosen Law Firm, P.A. Announce Proposed Class Action Settlement in the FAB Universal Corp. Litigation - FABU
GlobeNewswire - Tue Nov 10, 8:17AM CST
The following statement is being issued by Faruqi & Faruqi, LLP and The Rosen Law Firm, P.A. regarding the FAB Universal Corp. Proposed Class Action Settlement.
Stoltmann Law Offices Investigates Marcus J. Debaise and Wells Fargo Advisors
GlobeNewswire - Mon Nov 09, 5:00PM CST
CHICAGO-- Stoltmann Law Offices announces it is investigating former Wells Fargo and Wachovia Securities financial adviser Marcus J. Debaise (CRD# 2404266) of Glastonbury, Connecticut. Debaise may have over-concentrated and failed to diversify the portfolio of retirees in a variety of equity investments. These investments include, but are not limited to, MFC Corp., KHD Wedag International, Compton Petroleum Corp., Niko Resources, Ltd., Presstek Inc., Essex Rental Corp., Fusion-IO Inc., GMX Resources, Inc., Amarin Corporation PCL, Bankers Petroleum, Xtreme Drilling & Coil, Myriad PhArmaceuticals, FAB Universal Corp, Dendreon Corp., Galleon Energy, Inc., ATP Oil & Gas, China Mediaexpress Holdings, Aviat Networks, Inc., Dryships, Inc., Turnkey E&P Inc., TESCO, Walter Energy, National Oilwell, Varco, Inc., Carrington Labs, Inc., Regis Corp Minn, Talisman Energy, Inc., Mosaic Company, Carrizo Oil & Gas, Petrohawk Energy Corp., United Therepeutics Corp., Black Diamond, Inc., Orient Express Hotels Ltd - A, Bioenvision Inc., Liveperson, Inc., DVI, Inc., Harris Stratex Networks, ICJ Medical, Inc., CV Therapeutics, and Middleby Corporation. Marcus Debaise is now subject to 17 customer disputes since 2011, many of which relate to the over-concentration of investor portfolios in equities.
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FAB Universal Board Reviewing Recent Agreements
BusinessWire - Tue Dec 02, 6:29AM CST
Today, FAB Universal (OTC: FABU) released the following statement: Beijing FAB Cultural Dissemination Co. Ltd., a PRC Company (name translated from the Chinese), has entered into four agreements to acquire license rights to film and television content for distribution to consumers at a total cost of 525 million RMB paid over three installments. The Company's full board of directors recently became aware of the transactions and is taking steps to determine their circumstances.