Dyer & Berens LLP Encourages Frontier Financial Corporation Investors With Significant…

Dyer & Berens LLP Encourages Frontier Financial Corporation Investors With
Significant Losses to Consider Their Legal Options Prior to the June 14, 2010
Shareholder Lawsuit Lead Plaintiff Deadline — FTBK

DENVER, June 9, 2010 (GLOBE NEWSWIRE) — The law firm of Dyer & Berens LLP
(www.DyerBerens.com) today encouraged investors who purchased or otherwise
acquired the common stock of Frontier Financial Corporation (“Frontier”) (Pink
Sheets:FTBK) between July 22, 2008 and March 16, 2010 (“Class Members”) to
consider their legal options in connection with the shareholder class action
recently filed by the firm.

Class Members may, among other things, seek to be appointed by the court as the
“lead plaintiff” in the class action on or before June 14, 2010. The lead
plaintiff will oversee the litigation and participate in important decisions
such as whether to accept a settlement on behalf of all Class Members. The lead
plaintiff will be selected from among applicants claiming the largest losses
from their investments in Frontier Financial during the class period. In the
alternative, Class Members may do nothing at this time and remain in the
putative class action as “absent class members” or affirmatively opt-out of the
class action and file individual lawsuits. For a free consultation regarding
your legal options, you may contact Jeffrey A. Berens, Esq. at (888) 300-3362,
(303) 861-1764, or via email at jeff@dyerberens.com.

The class action complaint charges that Frontier and certain of its officers and
executives violated the federal securities laws by issuing materially false
statements regarding the company’s business and financial results and by failing
to disclose the extent of seriously delinquent commercial real estate,
construction and land loans. Frontier also allegedly failed to adequately and
timely record losses for its impaired loans, causing its financial results and
its Tier 1 capital ratio to be materially false and misleading.

The plaintiff in the initial class action complaint is represented by Dyer &
Berens LLP, which has significant expertise in prosecuting investor class
actions. For more information about the case or Dyer & Berens LLP, please visit
our website at www.DyerBerens.com.

CONTACT: Dyer & Berens LLP
Jeffrey A. Berens
(888) 300-3362
(303) 861-1764
jeff@dyerberens.com
303 East 17th Avenue, Suite 300
Denver, CO 80203

Bush was told by wife to choose between fatherhood and booze

London, May 26 (ANI): Former American President George W Bush’s new book ‘Decision Points’ starts with an anecdote about his wife trying to convince him to quit drinking and choose fatherhood over alcohol.

The former leader admitted it was the crucial moment that triggered his journey to presidency.

He confessed that he asked himself whether he loved booze more than his wife, Laura.

Speaking at the American Wind Energy Association conference in Dallas, he said that the book focuses on some of the most important decisions he has made in his life.

“The sad thing is you don”t get do-overs. You”ve got to make the calls. I got some right. I got some wrong,” the Telegraph quoted him, as saying.

Bush hopes to place readers in his shoes by sharing his experience as the President.

He added: “I don”t think you can come to a definitive conclusion about a presidency until the passage of time. I want to put you in my position.”

He admitted that life had changed after his exit from the White House.

Recollecting a moment when he was walking his dog Barney through his new neighbourhood in Dallas, he said: “There I was. Former president of the United States, with a plastic bag in my hand, picking up what I had been dodging for eight solid years.”

The book is set due to be out in November. (ANI)

Mechanism for mate selection revealed

London, Apr 19 (ANI): Solving the mystery about the mechanism behind sexual mate selection, scientists at Universite de Montreal have discovered a molecular switch that becomes activated in response to a potential mate”s signal.

This means that an organism knows that a potential mate is close-by and healthy enough to mate.

“This mating decision is controlled by a simple chemical switch that converts an incoming pheromone signal into a cellular response,” Nature quoted senior author Stephen Michnick, as saying.

“As pheromone signal increases, two enzymes in the cell begin to compete with each other, one adding, the other removing a chemical modification on a protein called Ste5,” added Michnick.

He claimed that at a critical threshold of pheromone signal, one of the enzymes overwhelms the others” capacity to modify Ste5, triggering a sudden, switch-like cascade of chemical messages to be delivered to the cell to say it”s time to mate.

The researchers could describe with mathematical precision how this switch works to drive the mating decision.

They used a single cell organism, i.e. yeast used to leaven bread, for their study.

“Although yeast is dramatically different from people, at a molecular and cellular level we have a lot in common. The same molecules that create the switching decision in yeast are found in very similar forms in human cells. Similar switching decisions to those made by yeast are made by stem cells during embryonic development and become dysfunctional in cancers,” said Michnick.

Using yeast enabled the research to show how a cell might make important decisions.

“When yeast cells decide to mate, they must know that there is a mating partner close enough, and then make a snap decision to get ready to mate”, said first author and graduate student Mohan Malleshaiah.

“Their decision to mate is not just fast, but precise, resulting in their selection of the best available partner, even though there may be many competing potential mates near by,” added Malleshaiah.

The study has been published in the journal Nature. (ANI)

Mechanism for mate selection revealed

London, Apr 19 (ANI): Solving the mystery about the mechanism behind sexual mate selection, scientists at Universite de Montreal have discovered a molecular switch that becomes activated in response to a potential mate”s signal.

This means that an organism knows that a potential mate is close-by and healthy enough to mate.

“This mating decision is controlled by a simple chemical switch that converts an incoming pheromone signal into a cellular response,” Nature quoted senior author Stephen Michnick, as saying.

“As pheromone signal increases, two enzymes in the cell begin to compete with each other, one adding, the other removing a chemical modification on a protein called Ste5,” added Michnick.

He claimed that at a critical threshold of pheromone signal, one of the enzymes overwhelms the others” capacity to modify Ste5, triggering a sudden, switch-like cascade of chemical messages to be delivered to the cell to say it”s time to mate.

The researchers could describe with mathematical precision how this switch works to drive the mating decision.

They used a single cell organism, i.e. yeast used to leaven bread, for their study.

“Although yeast is dramatically different from people, at a molecular and cellular level we have a lot in common. The same molecules that create the switching decision in yeast are found in very similar forms in human cells. Similar switching decisions to those made by yeast are made by stem cells during embryonic development and become dysfunctional in cancers,” said Michnick.

Using yeast enabled the research to show how a cell might make important decisions.

“When yeast cells decide to mate, they must know that there is a mating partner close enough, and then make a snap decision to get ready to mate”, said first author and graduate student Mohan Malleshaiah.

“Their decision to mate is not just fast, but precise, resulting in their selection of the best available partner, even though there may be many competing potential mates near by,” added Malleshaiah.

The study has been published in the journal Nature. (ANI)

Sudan ruling party offers opposition govt posts

KHARTOUM, April 14 (Reuters) – Sudan’s ruling party, in an apparent bid to heal a rift over accusations of vote fraud, said on Wednesday it would invite opposition groups to join the government if it won elections currently in progress.

Sudan is four days into presidential and legislative polls aimed at helping to bring the oil-producing state back to democracy more than two decades after a military-led coup.

The poll’s credibility was cast in doubt after some main opposition parties decided to boycott large parts of the poll, accusing incumbent president Omar Hassan al-Bashir and his northern National Congress Party (NCP) of widespread rigging.

“If we are declared winners in the elections … we would extend the invitation to all parties, even those who have not participated in the elections, to join the government because we believe this is a critical moment in our history,” senior NCP official Ghazi Salaheddin told reporters.

“We are facing important decisions like self-determination in the south and would like to garner as much support and as much consensus as we can.”

The elections were set up under a 2005 peace accord that ended more than two decades of north-south civil war and also promised a referendum on whether the south should secede in January 2011.

The decision by south Sudan’s dominant Sudan People’s Liberation Movement (SPLM) to boycott the vote and most polls in northern Sudan had raised fears of unrest in the build up to next year’s referendum.

No one from the SPLM or other boycotting groups, including the opposition Umma party, was immediately available to comment on Salaheddin’s offer.

(Reporting by Andrew Heavens; Editing by Simon Cameron-Moore)

Could take decade to train Indigenous doctors

The universities behind the Northern Territory’s first medical school are hoping many of its first graduates will be Indigenous and at least half will work in remote Australia.

The Indigenous Health Minister Warren Snowdon turned the first sod on the Charles Darwin University medical school, that will see $27.8 million will be spent on a building and training facilities at Royal Darwin Hospital.

The university’s vice-chancellor Barney Glover has high hopes for the first graduation ceremony in 2015.

“I hope that a majority of them are Indigenous in 2015, but it’s a bit early to tell,” Prof Glover said.

Flinders University will run the program and its vice-chancellor, Michael Barber says $3.5 million in Commonwealth money will be used to attract Indigenous graduates from other fields.

“We don’t want to take away every Indigenous teacher, healthcare worker, even Indigenous bureaucrats,” Prof Barber said.

Prof Barber says it could take a decade to train substantial numbers of home grown Indigenous doctors.

He says Indigenous students now entering year nine have to make the important decisions that will lead to a career as a doctor.

“Don’t drop mathematics,” Prof Barber said.

“And you may wonder about why you need mathematics to get into medicine other than racking up your bill at the end, but it’s an enabling subject.

“So those decisions, convincing students out there that there is more out there to aspire to than maybe they should have that will take us probably a decade to bring up.”

Construction is due to start next week.

Clinton rebuke overshadows Canada’s Arctic meeting

U.S. Secretary of State Hillary Clinton delivered a rare public rebuke to close ally Canada on Monday, criticizing it for excluding key nations from a meeting to discuss the resource-rich Arctic.

Canadian Foreign Minister Lawrence Cannon gathered his counterparts from Russia, Norway, the United States and Denmark for three hours of talks on Monday on the grounds that they were the only nations with Arctic coastlines.

The decision prompted unhappiness in Sweden, Finland and Iceland, who are also members of the eight-nation Arctic Council — traditionally the body where most important decisions on the region are taken.

“Significant international discussions on Arctic issues should include those who have legitimate interests in the region,” Clinton said in a statement issued before the meeting had even begun.

“I hope the Arctic will always showcase our ability to work together, not create new divisions.”

Global warming is gradually melting the Arctic ice cap, raising the possibility of increased shipping and mineral extraction in the remote and environmentally sensitive region.

Canada and the United States have very close ties and Clinton’s statement was the first open official rebuke of Ottawa since the months leading up to the 2003 Iraq War, which Canada refused to participate in.

Cannon spent much of his closing news conference responding to questions about Clinton’s statement and insisting he was not trying to marginalize the Arctic Council.

“This meeting was not (designed) to replace or undermine the Arctic Council … this forum is not meant to become a permanent institution,” he said. Clinton was not present at the news conference.

The five nations that did participate in the meeting are the only ones engaged in a protracted process of filing territorial claims in the Arctic, a region that experts say contains rich oil and gas deposits.

“While development may be years in the future, the renewable and nonrenewable resource potential of the Arctic Ocean represents tremendous opportunities,” said Cannon.

“We have a common commitment to the orderly settlement of any possible overlapping claims.”

The five countries would also be the first to respond to emergencies or disasters in the Arctic, he said.

Greenpeace said the quintet was “focusing on carving up the petroleum pie rather than ensuring a sustainable future for the Arctic”.

Cannon will host a meeting of foreign ministers from the Group of Eight leading industrialized nations later on Monday and on Tuesday.

(Reporting by David Ljunggren; editing by Rob Wilson)

KNP to hold Black Day on Oct.22

London, Sep.8 (ANI): The Supreme Council of the KNP held an important meeting in Luton on September 6, which was presided by the party Chairman Abbas Butt. The meeting discussed and analysed the current situation of the Kashmiri struggle and made important decisions.

The Supreme Council strongly condemned the government of Pakistan’s latest attempts to grab territory which is legal part of State of Jammu and Kashmir. The SC said Pakistani governments have never been sincere with the cause of Kashmir and always have formulated policies to snatch Kashmir; and have deliberately deprived people of their fundamental human rights.

The SC said people of Gilgit Baltistan deserve to have their basic human rights which have been denied since 1947; but no one should be allowed to implement their imperialist designs in name of giving rights to people of the region. The KNP leaders said, if Pakistani authorities were sincere they could have discussed the issue with the people of the region and given these rights without making the region a ‘province’ of Pakistan.

PPP government claims to advance rights of people and democracy, but their policies are designed to deprive people of basic rights and advance undemocratic and unconstitutional practises. They tried to make Pakistani Administered Kashmir a province after the Shimla Pact and they plan to make Gilgit Baltistan a province and pave way for division of Jammu and Kashmir.

KNP leaders said some people of Jammu and Kashmir hold Black Day on 27th October, as that is the day when Indian army landed in Kashmir. KNP leaders said in our opinion their wisdom is misdirected. We have to look at the root cause. Indian army came after the tribal invasion and subsequent ‘Provisional Accession’.

KNP Supreme Council said, ‘It was the Pakistani tribesmen supported by the Pakistani government of the time which violated the Standstill Agreement and invaded parts of the State territory. It was these tribesmen which contravened the State sovereignty and killed thousands of innocent Kashmiri men and women. It was because of this unprovoked and unjustified attack on our sovereignty which seriously threatened life, honour and property of people that the Maharaja was compelled to seek help from India.

KNP leaders said we have serious issues with India on their Kashmir policy, as we believe Kashmir is not their internal part; but as for the Black Day is concerned we should have Black Day on 22 October because this is the day when our troubles and miseries started.

KNP SC has decided to take a lead on this matter and hold a BLACK DAY on 22 October; and in this regard various responsibilities have been given to Dr Shabir Choudhry and Nawaz Majid who will liaise with other like minded people and parties. The meeting was addressed by ZubairAnsari, Nazam Bhatti, Nawaz Majid, Asim Mirza, Abbas Butt and Dr Shabir Choudhry.

Earlier KNP held an Iftar Party in which more than eighty people were present; among them were leaders and political activists of various Kashmiri parties who spoke against the new package for Gilgit and Baltistan and condemned designs of Pakistani government. In the meeting pro Pakistan and nationalist leaders were present, and they all strongly spoke against this new package and demanded that it must be taken back.

A unanimous resolution was passed which strongly criticised the new package and demanded from government of Pakistan to withdraw it as it will seriously damage our struggle for right of self determination. The resolution fully supported fundamental rights of people of Gilgit Baltistan; but added that the State of Jammu and Kashmir is one political entity and it must not be divided. (ANI)

NA sports committee wants bailable warrant against PCB chief

Islamabad, July 15 (ANI): Pakistan Cricket Board (PCB) chairman Ijaz Butt is headed for further trouble with the National Assembly’s (NA) Standing Committee on Sports recommending issue of a bailable warrant against him.

The committee, which is headed byJamshad Desti, said that a bailable warrant should be issued against Butt for his ‘intentional absence’ from a committee meeting.

The meeting was called to discuss several issues of the board, including the controversial resignation of Abdul Qadir from the chief selector’s post.

Despite being summoned by the committee, Butt sent the PCB’s chief operating officer, Salim Altaf, to represent him at the meeting, The Daily Times reports.

Qadir, who was present at the meeting, told the committee that he had resigned from the post due to altercations with Butt, coach Intikhab Alam and team manager Yawar Saeed

“Intikhab and Yawar did not want to include fast bowler Shoaib Akhtar in the team, but I had no solid reason to drop him from the national squad because he was fit and producing an acceptable performance,” Qadir said.

Qadir also blamed the PCB’s top honchos of taking various important decisions and making changes in the national team without even consulting him.

“And, I refused to be a dummy chief selector. ‘Petty politics’ in the PCB is ruining the game,” he said.

Dissatisfied by the board’s working, the committee announced a four-member sub-committee to look into PCB affairs. (ANI)

BJP, Shiv Sena remember Lord Rama only during polls: Sonia Gandhi

Marathwada (Maharashtra), Apr 20 (ANI): Congress President Sonia Gandhi on Monday accused the Bharatiya Janata Party (BJP) and the Shiv Sena of taking the country backward and said these parties remember Lord Rama only during elections.

“It is unfortunate that those invoking the name of secular and democratic ruler like Chhatrapati Shivaji Maharaj are those who divide people on the basis of region and religion. These people remember Lord Rama only during elections,” Gandhi said while addressing an election rally in Jalana in Marathwada region on Monday.

Gandhi also accused the BJP and the Shiv Sena of being ‘communal and parochial’.

“The new generation is fed up of politics of regionalism, casteism and also criminalisation of politics,” she added.

Gandhi termed the Indo-US nuclear deal as an achievement of the United Progressive Alliance (UPA).

“The deal was done on our terms but due to opposition, the country’s image tarnished globally,” she added.

Gandhi also criticized the BJP and the Shiv Sena for opposing initiatives of the UPA Government on economic liberlisation.

“These people were opposing us and ridiculing us when we were initiating steps like 33 per cent reservation of women, computerisation and IT revolution,” Gandhi charged.

Gandhi also recalled the Congress-led UPA Government’s achievement during its five-year tenure at the Centre.

“The waiver of Rs. 65,000 crore loan of farmers and providing pension and insurance in unorganised labour sector were the important decisions,” she added.

Meanwhile, addressing a rally in Dondaeecha town of Dhule District, Gandhi slammed BJP’s prime ministerial candidate Lal Krishna Advani for releasing the terrorists during the Kandahar plane hijack episode.

“Perhaps their definition of a strong leader is one who was deputy Prime Minister and Home Minister when there were a series of terror attacks including one on Parliament. Arrested terrorists were released and taken to Kandahar as if they were guests,” Gandhi said. (ANI)

Adamant Zaradri says restoration of deposed Chief Justice not possible

Islamabad, Mar 14 (ANI): Addressing a high-level meeting at the presidency, President Asif Ali Zardari has described the lawyers’ Long March and sit-in as political moves and made it clear that political matters would be tackled politically, refusing to heed to the advice of Army Chief General Ashfaq Parvez Kayani and Prime Minister Yusuf Raza Gilani.

“The restoration of deposed CJ Iftikhar Muhammad Chaudhry is not possible and he will not be restored in any case,” he said.

Prime Minister Gilani attended the meeting. Other participants of the meeting included chairman Senate Farooq H Naek, Interior Adviser Rehman Malik and Information Minister Sherry Rehman.

The president said the government would not show any weaknesses in facing the political challenge. He also made it clear that the Governor’s rule in Punjab will not be lifted and Salman Taseer will not be replaced, The News reported.

Ahead of this high-level meeting, US Ambassador Anne W Peterson held a meeting with Gilani at the PM’s House and later met Zardari. Though no official word was available about these meetings, knowledgeable sources say some important decisions were taken to defuse the situation.

A number of options were also discussed to bring down the rising political temperature in the country. According to sources, it was also agreed that after some initial steps, a constitutional package might be introduced in the Parliament in the form of 18th amendment, which might include steps to strike balance between the powers of the two highest offices.

The Prime Minister briefed the President on his contacts with the Chaudhry brothers and ‘reservations’ within the party. He urged the president to end governor’s rule and suggested that PPP and PML-N must resolve their differences for the good of the country. ANI)