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Premier's Lawsuit With Bank of America Settled
Press Release |
2010/07/19 09:29
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Premier Information Management, Inc. (PINKSHEETS: PIFR) is pleased to announce the pre-jury trial settlement of its lawsuit against Bank of America. Both parties entered into a settlement conference which eventually resulted in a court ordered settlement.
A leading and key part of the settlement was non-disclosure of any details or terms regarding the settlement by either party to the public. As such at this time, neither Premier nor Bank of America can publicly release any information regarding this matter.
Premier is very glad to conclude this lawsuit sooner than we thought and that leaves us in a position to focus on the business and more aggressively take Premier forward, said CEO Tom Miller.
Although we cannot be specific about the terms of the settlement, I think it is only fair to note that as with most settlements brought about by mediation, neither party was absolutely satisfied with the result, but Premier can now refocus significant resources to the real business at hand, said David Stothart.
Premier expects to be making additional related news releases over the coming weeks including more on the process of partnering with a market maker which the company understands has been frustrating for investors.
About Premier Information Management, Inc. Premier Information Management, Inc. provides business critical information to the global Insurance and Healthcare industries by integrating fast and efficient database driven electronic content management systems to reduce and manage costly risk. Utilizing proprietary software with specially integrated modules, Premier realizes significant increases in data-in/out-report efficiencies delivering decision-critical reports significantly faster than the industry standard. Utilizing the most secure, flexible, and cost effective means to capture, manage and transmit sensitive information, Premier's EDI solutions are the new standard in the information management industry.
For more information, including company news and investor relations information, visit the company's website at: www.premierinformationmanagement.com |
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The Lanier Law Firm Investigating 401(k) Retirement Plan for BP Employees
Press Release |
2010/06/28 08:44
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| The Lanier Law Firm is investigating possible legal claims related to a 401(k) retirement plan for U.S. employees of energy giant BP span id=quote119047824 class=quotepeekbase bgQuote up jquery1277739795078=28span class=bgChannel/quotes/comstock/13*!bp/spanspan class=bgRealtimeChannel/quotes/nls/bp/span/span. The law firm believes there are potential violations of the Employee Retirement Income Security Act of 1974 (ERISA) by those in charge of BP's retirement plan, which is known as the BP Employee Savings Plan (ESP). pThe Lanier Law Firm has maintained a prominent role in the BP litigation since filing one of the nations' first class-action lawsuits against BP following the April 20 explosion on the Deepwater Horizon drilling rig in the Gulf of Mexico. BP has yet to stop the millions of gallons of crude oil currently spewing into the gulf. /ppBP not only disregarded important safety rules, they also took unbelievably unnecessary risks, which is why people are facing one of the worst environmental and financial disasters in history, says attorney Evan Janush of The Lanier Law Firm. There are laws designed to protect employees from the precise, devastating scenario facing a lot of workers at BP. /ppAt the end of 2009, BP's U.S. Employee Savings Plan had more than $2 billion invested in BP stock. Since the explosion and eruption of oil, BP's stock price has fallen by approximately half, accounting for more than $100 billion in lost stock value. The retirement plans for many company employees are tied to the stock, costing them what is believed to be hundreds of millions of dollars. /ppThe Lanier Law Firm founder Mark Lanier, who recently was named by The National Law Journal as one of the most influential attorneys in the nation during the past decade, says the people responsible for BP's 401(k) plan knew or should have known about the company's inability to provide a safe work environment on the Deepwater Horizon, as well as its inability to contain the massive release of oil -- two factors that have contributed heavily to the downturn in BP's stock price. /ppThe law firm has identified several potential legal claims for participants in the BP Employee Savings Plan whose accounts included units from the BP stock fund. Learn more at a href=http://www.lanierlawfirm.comfont color=#004176www.lanierlawfirm.com/font/a. /ppAbout The Lanier Law Firm /ppWith offices in Los Angeles, Palo Alto, Houston and New York, The Lanier Law Firm is committed to addressing client concerns with effective and innovative solutions in courtrooms across the country. The firm is composed of outstanding trial attorneys with decades of experience handling cases involving oil amp; gas law, maritime law and ERISA litigation. /p |
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Bowie Jensen, LLC Opens New York Office
Press Release |
2010/05/10 05:08
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pBowie amp; Jensen is pleased to announce the opening of its New York office located in Midtown Manhattan./ppThe firm's operations have grown significantly over the past few years, and a New York office will be a tremendous asset as we continue our growth, said Bowie amp; Jensen Founder Robert R. Bowie, Jr. At Bowie amp; Jensen we are very lucky. We are small enough to be personally responsive to clients of all sizes and sophistications, but large enough to handle the most complex legal issues./ppEven as we grow we will continue to have a culture that supports our lawyers and our staff which in turn benefits our clients. Our culture is that the law firm has clients and the individual lawyers do not, said Bowie. What this means is our best and brightest are brought to each matter because our focus is on our clients and their businesses not on the lawyers who represent them. This philosophy has allowed us to represent our clients well and grow even in times of economic uncertainty. We look forward to working with New York businesses and with the New York legal community.
Bowie amp; Jensen offers extensive experience in litigation and corporate and intellectual property law. Our attorneys advise companies regarding mergers and acquisitions, corporate finance, corporate governance, employment law, technology transactions, and intellectual property protection. Our litigation specialists have successfully defended clients in civil, antitrust, employment, and intellectual property cases./ppBowie amp; Jensen will continue to support clients that include companies at all stages of development, from start-ups to large corporations, as well as the venture capital firms, banks, and other financial institutions that support them./ppThis includes: breach of all forms of Contractual Litigation, Intellectual Property Matters, Employment, Anti-Trust and Trade Regulations. Construction, Computer Law, Trade Mark and Trade Name, Trade Secrets. Patents, Advertising Law, Commercial Real Estate, Internet Law, Privacy Law, Mergers, Acquisitions and Financings, Estates and Trusts./ppAbout Bowie amp; Jensen/ppBowie amp; Jensen is a law firm focusing on all aspects of business law. We have been proudly serving businesses of all sizes for more than 20 years. For more information on Bowie amp; Jensen, please visit our website at a href=http://www.bowie-jensen.comwww.bowie-jensen.com/a.
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Law Office of Anita M. Volpe
Press Release |
2010/04/26 08:45
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pThe law firm of Anita M. Volpe is offering Chapter 7, Chapter 12 (Farmers and Fishermen), and Chapter 13 bankruptcy relief at a reasonable fee./ppIf you are experiencing financial distress because your house is (or is about to be) in foreclosure, or your car, fishing boat or farm machinery has been (or is about to be) repossessed, or you are overwhelmed with credit card debt, hospital bills or any other form of debt, or any combination of these, bankruptcy relief might be the best and smartest way of getting a clean slate for a new financial beginning (as well as peace of mind). The filing of a bankruptcy petition immediately stops every effort of creditors./ppWhile you may fear that filing for bankruptcy will hurt your credit standing (and it will, temporarily), what is to be gained by filing for bankruptcy may far outweigh the temporary loss of credit standing. (Remember that the U.S. Constitution expressly recognized the right to file for bankruptcy. Also, K-Mart, A.H Robbins and Macy’s as well as such notables as Mickey Rooney, Tammy Wynette, Kim Basinger, and Larry King have all filed for bankruptcy. Milton Hershey [the Hershey Bar] filed three times before his success.)/ppOf course, bankruptcy may not be the course of action for you since everyone’s financial situation is different. For that reason, the firm offers an initial consultation to analyze your particular circumstances (with follow-up if necessary) absolutely free. To set one up call Alice at (207) 594-5246.
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