paul.nowak wrote: Matt, thanks for the comments. I made an error on the version of Plone. It's 2.5 Plone running on Zope 2.9x.
In regards to the additional products, we have a skin installed and we have a product that we had custom developed for us that connects to a PostgreSQL database. We've looked at slow PostgreSQL queries causing problems and have not been able to find an issue. We've also tested for the case where the PostgreSQL server is down and have not been able to create an issue. We therefor...
NEW YORK, NY -- (MARKET WIRE) -- 03/12/07 -- Murray, Frank & Sailer LLP has filed a class
action in the Central District of California on behalf of shareholders who
purchased or otherwise acquired the securities of New Century Financial
Corp. ("New Century" or the "Company") (NYSE: NEW) between April 4, 2006
through February 7, 2007, inclusive (the "Class Period"). The case has
been given Civil Action # 07cv162.
The complaint charges New Century and certain of its officers and directors
with violations of the Securities Exchange Act of 1934. New Century is a
real estate investment trust that through its subsidiaries operates
mortgage finance companies.
The complaint alleges that during the Class Period, defendants issued
materially false and misleading statements regarding the Company's business
and financial results and concealed the following material adverse facts
from the investing public: (a) the Company lacked requisite internal
controls, and, as a result, the Company's projections and reported results
issued during the Class Period were based upon defective assumptions and/or
manipulated facts; (b) the Company's financial statements were materially
misstated due to its failure to properly account for its allowance for loan
repurchase losses; (c) the Company's financial statements were materially
misstated due to its failure to properly account for its residual interests
in securitizations by failing to timely write down the impaired asset; (d)
given the deterioration and the increased volatility in the subprime
market, the Company would be forced to tighten its underwriting guidelines
which would have a direct material negative impact on its loan productions
going forward; and (e) given the increased volatility in the subprime
market, the Company had no reasonable basis to make projections about its
ability to maintain its current mortgage loan production levels for 2007.
As a result of these false statements, New Century stock traded at
artificially inflated prices during the Class Period, reaching a high of
$51.22 per share on April 28, 2006. Defendants took advantage of this
inflation, selling 665,334 shares of their New Century stock for proceeds
of over $26.6 million.
If you are a member of the class, you may, no later than April 10, 2007,
move to be appointed as a Lead Plaintiff. A Lead Plaintiff is a
representative, chosen by the Court, who acts on behalf of other class
members in directing the litigation.
Murray, Frank & Sailer LLP and its predecessor firms have devoted its
practice to shareholder class actions and complex commercial litigation for
more than fifteen years and have recovered hundreds of millions of dollars
for shareholders in class actions throughout the United States. You may
visit our website at www.murrayfrank.com. If you would like to discuss
this action, this announcement, or your rights and interests, please
contact plaintiff's counsel Bradley P. Dyer of Murray, Frank & Sailer LLP.
CONTACT:
Murray, Frank & Sailer LLP
Bradley P. Dyer
(800) 497-8076
(212) 682-1818
Fax: (212) 682-1892
Email: Email Contact