Mr China Investiment
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spero che le abbiate prese in tanti......
spero che le abbiate prese in tanti......
Appena Uscita Stkr .....
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RESS RELEASE: StockerYale Provides Additional Information with Respect to Order [DHJYBVQ]
SALEM, N.H.--(BUSINESS WIRE)--April 21, 2004--StockerYale, Inc. (NASDAQ:
STKR), a leading independent provider of photonics-based products provides
additional information with respect to orders received from BAE.
StockerYale's press release of April 19, 2004 referenced two orders that the
Company had received from BAE Systems.
The Company wishes to provide additional information with respect to the terms
of those orders.
The first order mentioned was a production order from BAE under its contract
with the U.S. government to supply an airborne military defense system against
heat-seeking missiles. BAE was awarded that contract in October 2002 and in a
press release dated October 11, 2002 the Company announced that it had been
awarded a contract from BAE to supply the Company's thermoelectrically cooled
laser to BAE for its ATIRCM program. The contract that BAE has with the U.S.
government calls for deliveries through 2020 and StockerYale expects to receive
additional orders under this contract.
The second order that the Company received from BAE Systems was an order for
the delivery of customized lasers for an adaptation of the military ATIRCM
system for use on commercial or military airplanes.
SALEM, N.H.--(BUSINESS WIRE)--April 21, 2004--StockerYale, Inc. (NASDAQ:
STKR), a leading independent provider of photonics-based products provides
additional information with respect to orders received from BAE.
StockerYale's press release of April 19, 2004 referenced two orders that the
Company had received from BAE Systems.
The Company wishes to provide additional information with respect to the terms
of those orders.
The first order mentioned was a production order from BAE under its contract
with the U.S. government to supply an airborne military defense system against
heat-seeking missiles. BAE was awarded that contract in October 2002 and in a
press release dated October 11, 2002 the Company announced that it had been
awarded a contract from BAE to supply the Company's thermoelectrically cooled
laser to BAE for its ATIRCM program. The contract that BAE has with the U.S.
government calls for deliveries through 2020 and StockerYale expects to receive
additional orders under this contract.
The second order that the Company received from BAE Systems was an order for
the delivery of customized lasers for an adaptation of the military ATIRCM
system for use on commercial or military airplanes.
Mr China Investiment
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Amen..sono uscito verso le 17.00
Murray, Frank & Sailer LLP is investigating a class action lawsuit on behalf of all securities purchasers of StockerYale, Inc. (“StockerYale” or the “Company”; Nasdaq: STKR) from April 19, 2004 through May 23, 2005, inclusive (the "Class Period").
The firm is investigating whether the Company and certain of its officers violated the Securities Exchange Act of 1934. StockerYale designs and manufactures structured light lasers, light emitting diodes (LEDs), fiber optic and fluorescent illumination technologies. The investigation concerns whether the Company failed to disclose and misrepresented the nature of contracts the Company had entered into with BAE Systems (“BAE”), Inc. On April 19, 2004, the Company issued a press release announcing that it had received an order in connection with a contract to supply lasers to a program developing an airborne military missile defense system and had entered into a contract with a unit of BAE to develop a customized laser for the development of a missile countermeasure system for commercial planes. On this news, the price of the Company’s securities dramatically jumped, and by April 20, 2004, hit a high of $7.75, an increase of 474% from the closing price of the stock prior to the notices publication.
Amidst this dramatic increase in the price of the stock, Mark Blodgett (“Blodgett”), the Chairman, Chief Executive Officer and President of the Company, sold 250,000 shares of his privately held stock at $6.56 per share. On April 21, 2004, the Company issued a follow-up press release that had the effect of reiterating the April 19, 2004 press release.
On November 9, 2004, the Company received a “Wells Notice” from the Securities and Exchange Commission (“SEC”) indicating that the SEC intended to recommend that a civil action be brought against StockerYale and Blodgett in connection with the April 19, 2004 and April 21, 2004 press releases. On May 24, 2005, the SEC announced that Blodgett and the Company had consented to an entry of an order enjoining them from further violating securities regulations and ordering Blodgett to pay disgorgement plus interest in the amount of $788,118.92 and a civil penalty in the amount of $120,000. The complaint against Blodgett and the Company filed by the SEC on May 24, 2005 alleges that the April 19, 2004 and April 21, 2004 press releases were misleading in that they created the false impression that StockerYale was supplying lasers to BAE in support of a Department of Homeland Security (“DHS”) program, when in fact the orders were not related to any DHS program.
The firm of Murray, Frank & Sailer LLP is investigating a class action lawsuit seeking to recover damages on behalf of purchases of StockerYale, Inc. in connection with the conduct herein described. If you would like to discuss this announcement, or your rights and interests, please contact Eric J. Belfi (ebelfi@murrayfrank.com) of Murray, Frank & Sailer LLP.
... o Pietro66 ...
The firm is investigating whether the Company and certain of its officers violated the Securities Exchange Act of 1934. StockerYale designs and manufactures structured light lasers, light emitting diodes (LEDs), fiber optic and fluorescent illumination technologies. The investigation concerns whether the Company failed to disclose and misrepresented the nature of contracts the Company had entered into with BAE Systems (“BAE”), Inc. On April 19, 2004, the Company issued a press release announcing that it had received an order in connection with a contract to supply lasers to a program developing an airborne military missile defense system and had entered into a contract with a unit of BAE to develop a customized laser for the development of a missile countermeasure system for commercial planes. On this news, the price of the Company’s securities dramatically jumped, and by April 20, 2004, hit a high of $7.75, an increase of 474% from the closing price of the stock prior to the notices publication.
Amidst this dramatic increase in the price of the stock, Mark Blodgett (“Blodgett”), the Chairman, Chief Executive Officer and President of the Company, sold 250,000 shares of his privately held stock at $6.56 per share. On April 21, 2004, the Company issued a follow-up press release that had the effect of reiterating the April 19, 2004 press release.
On November 9, 2004, the Company received a “Wells Notice” from the Securities and Exchange Commission (“SEC”) indicating that the SEC intended to recommend that a civil action be brought against StockerYale and Blodgett in connection with the April 19, 2004 and April 21, 2004 press releases. On May 24, 2005, the SEC announced that Blodgett and the Company had consented to an entry of an order enjoining them from further violating securities regulations and ordering Blodgett to pay disgorgement plus interest in the amount of $788,118.92 and a civil penalty in the amount of $120,000. The complaint against Blodgett and the Company filed by the SEC on May 24, 2005 alleges that the April 19, 2004 and April 21, 2004 press releases were misleading in that they created the false impression that StockerYale was supplying lasers to BAE in support of a Department of Homeland Security (“DHS”) program, when in fact the orders were not related to any DHS program.
The firm of Murray, Frank & Sailer LLP is investigating a class action lawsuit seeking to recover damages on behalf of purchases of StockerYale, Inc. in connection with the conduct herein described. If you would like to discuss this announcement, or your rights and interests, please contact Eric J. Belfi (ebelfi@murrayfrank.com) of Murray, Frank & Sailer LLP.
... o Pietro66 ...