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Last updated on April 20, 2014 at 8:28 EDT

Latest Private Securities Litigation Reform Act Stories

2014-03-31 12:25:16

BEIJING, March 31, 2014 /PRNewswire/ -- VisionChina Media Inc. (the "Company") and its affiliate Vision Best Limited (collectively, "VisionChina") (Nasdaq: VISN), along with Oak Investment Partners XII, Limited Partnership ("Oak"), Gobi Partners, Inc. n/k/a Gobi Ventures, Inc., Gobi Fund, Inc. and Gobi Fund II, L.P. (collectively "Gobi") and Shareholder Representative Services, LLC (collectively with Oak and Gobi, the "Selling Shareholders"), and Thomas GaiTei Tsao today announced...

2014-03-12 16:24:50

CHARLOTTE, N.C., March 12, 2014 /PRNewswire/ -- Tree.com, Inc. (NASDAQ: TREE) today announced that a federal jury in Charlotte, North Carolina, returned a verdict in the patent infringement case against defendants Zillow, Inc., Adchemy, Inc., and NexTag, Inc. The jury found the defendants did not infringe LendingTree's U.S. Patent Nos. 6,385,594 and 6,611,816 and determined that those patents are invalid. The jury found in favor of LendingTree on the defendants' counterclaims...

2013-12-12 16:25:40

MOSCOW, Dec. 12, 2013 /PRNewswire/ -- Rafarma Pharmaceuticals (OTC:RAFA), announces a $1.2 million private placement. A $1.2 million private placement has been closed with a share price of $0.65 per share. Proceeds from this private placement are being applied to company expansion and to reduce commercial debt. Stated CEO Dave Anderson: "As Rafarma continues to develop new manufacturing partners, we anticipate that this private placement is just the beginning of a vibrant...

2013-12-09 16:27:07

OWINGS MILLS, Md., Dec. 9, 2013 /PRNewswire/ -- Medifast, Inc. (NYSE: MED), a leading United States manufacturer and provider of clinically proven, portion-controlled weight-loss products and programs, today announced that, as of December 9, 2013, it had completed the repurchase of 786,000 of its common shares under its existing 1,125,000 share repurchase authorization at an average price of $25.46. (Logo: http://photos.prnewswire.com/prnh/20120613/NE24271LOGO-b ) "We are pleased...

2013-11-25 20:20:19

PARK RIDGE, N.J., Nov. 25, 2013 /PRNewswire/ -- Hertz Global Holdings, Inc. (NYSE: HTZ) (the "Company") announced today that Hertz Fleet Lease Funding LP ("HFLF"), a wholly owned special purpose subsidiary of Donlen Corporation ("Donlen"), a wholly-owned subsidiary of the Company, successfully issued $500 million in aggregate principal amount of Series 2013-3 Floating Rate Asset Backed Notes, Class A, Class B, Class C and Class D (the "HFLF Series 2013-3 Notes"). Donlen utilizes the...

2013-10-17 20:21:09

WESTLAKE, Texas, Oct. 17, 2013 /PRNewswire/ -- Solera Holdings, Inc. ("Solera" or the "Company") (NYSE: SLH) announced today that its indirect wholly-owned subsidiary, Audatex North America, Inc. ("Audatex"), priced its offering of an additional $510 million aggregate principal amount of its 6.000% senior notes due 2021 (the "New 2021 Notes") and $340 million aggregate principal amount of its 6.125% senior notes due 2023 (the "2023 Notes" and collectively with the New 2021 Notes, the...

2013-10-17 08:21:18

WESTLAKE, Texas, Oct. 17, 2013 /PRNewswire/ -- Solera Holdings, Inc. ("Solera" or the "Company") (NYSE: SLH) announced today that its indirect wholly-owned subsidiary, Audatex North America, Inc. ("Audatex"), plans to issue $850 million aggregate principal amount of senior notes (the "Notes") across two tranches in a private offering. The Notes will consist of additional 6.000% senior notes due 2021 to be issued as additional notes under the indenture governing the Issuer's...

2013-10-03 16:22:14

BURBANK, Calif., Oct. 3, 2013 /PRNewswire/ -- On August 28, 2013, LBI Media Holdings, Inc. ("LBI Media Holdings") and LBI Media Inc., a wholly owned subsidiary of LBI Media Holdings, Inc. ("LBI Media" and, together with LBI Media Holdings, the "Issuers"), commenced an exchange offer for any and all of LBI Media Holdings' outstanding 11% Senior Discount Notes due 2013 (the "Old Notes"). The Issuers announced today that they have completed the exchange offer. The Issuers reported...

2013-07-23 08:25:35

BEIJING, July 23, 2013 /PRNewswire/ -- China TechFaith Wireless Communication Technology Limited (NASDAQ: CNTF) ("TechFaith" or the "Company") today announced it will launch its 4(th) generation of ruggedized devices, the "J4" Note. TechFaith's ruggedized J4 Note is certified with IP68 and MIL-S810G standards. It features a 5.3 inch high resolution LCD touch screen, with 802.11a/b/g/n wireless LAN and Wi-Fi Direct allowing users Internet access nearly everywhere. The J4 Note comes...

2013-06-27 20:20:17

WESTLAKE, Texas, June 27, 2013 /PRNewswire/ -- Solera Holdings, Inc. ("Solera") (NYSE: SLH) announced today that its indirect wholly-owned subsidiary, Audatex North America, Inc. ("Audatex"), has priced and increased the amount of its private offering from $700 million to $850 million aggregate principal amount of 6.000% senior notes due 2021 (the "Notes"). Solera anticipates that the closing of the offering will take place on or about July 2, 2013, subject to customary closing...