MannKind Corp. (Nasdaq:MNKD) Law Offices of Howard G. Smith announces that it is investigating potential claims against MannKind Corporation (NASDAQ:MNKD) concerning possible violations of securities law and/or breaches of fiduciary duty or other violations of law by the Company and its board of directors. MannKind is a biopharmaceutical company that focuses on the discovery, development and commercialization of therapeutic products for diabetes and cancer.
The investigation concerns the Company’s announcement that recently, MannKind’s former Senior Director of Regulatory Affairs, John Arditi, filed a lawsuit in the Law Division of the Superior Court of New Jersey alleging violation of the New Jersey Conscientious Employee Protection Act, wrongful discharge, breach of contract, breach of the implied covenant of good faith and fair dealing, and intentional infliction of emotional distress.
Specifically, Arditi’s lawsuit alleges he was fired for reporting to the Company possible fraud in studies for the drug, Afrezza, a diabetes drug that the United Stated Food and Drug Administration is set to rule on by the end of the year.
MannKind Corporation, a biopharmaceutical company, focuses on the discovery, development, and commercialization of therapeutic products for diabetes and cancer. Its lead product candidate, AFREZZA, a rapid-acting insulin that has completed Phase III clinical trials for the treatment of diabetes in the United States, Europe, and Japan.
Innovation Investment Group, Inc.'s (OTCPK:EEGI) CEO Attends Risk Investor Decision-Making Course
Eline Entertainment Group, Inc. (PINK SHEETS:EEGI) subsidiary Innovation Investment Group Inc. (Inn Group; www.ydwtz.com/eng/) CEO Hong Wei attended a risk investor and decision-making course.
The course, named Risk Investor Decision-Making Flow, was instructed by IDGVC Partners (www.idgvc.com/en/), a China-focused investment firm with over US $2.5B capital under management.
With an in-depth understanding of the local market, IDGVC invests in high quality companies with long-term growth potential and continuously dedicate themselves to the growth of great Chinese companies.
Ms. Hong Wei, a prominent motivational speaker in China and a firm believer in continuous education, attended the course in the morning and a service marketing conference in the afternoon, and was pleased with the course's informative structure.
EEGI is a publicly traded company with two subsidiaries, China-based Innovation Investment Group Inc. and US-based Let the Good Times Roll.
Eline Entertainment Group, Inc. operates in the educational industry in China. It operates 12 educational training centers for nursery students; and 4 training programs. The company was formerly known as Eline Music.com, Inc. and changed its name to Eline Entertainment Group, Inc. in April 2001. Eline Entertainment Group, Inc. is based in Hendersen, Nevada.
Eagle Bulk Shipping, Inc. (Nasdaq:EGLE) will report its financial results for the third quarter ended September 30, 2010, after the close of stock market trading on Monday, November 8th. Members of Eagle Bulk's senior management team will host a teleconference and webcast at 8:30 a.m. ET on Tuesday, November 9th, to discuss the results.
To participate in the teleconference, investors and analysts are invited to call 800-299-7928 in the U.S., or 617-614-3926 outside of the U.S., and reference participant code 90716399. A simultaneous webcast of the call, including a slide presentation for interested investors and others, may be accessed by visiting http://www.eagleships.com.
Eagle Bulk Shipping Inc. engages in the ocean transportation of bulk cargoes in the dry bulk industry. The company primarily transports iron ore, coal, grain, cement, and fertilizer along worldwide shipping routes.
Internap Network Services Corp. (Nasdaq:INAP) a leading provider of end-to-end internet business products and services, announced the expansion of one of its Boston-area data centers. The expansion at 50 Inner Belt in Somerville, Mass. will include approximately 7,000 square feet of net sellable raised floor space. This is the second of Internap's three planned expansions in this facility. The announcement comes 18 months after Internap initially opened the data center. The data center expansion is planned to be online in the second quarter of 2011.
The new space will have expanded power density capacities of up to 10 kilowatts per rack. Internap's data center at 50 Inner Belt is supported by a power sub-station on the property. The higher power density capacity will make the data center one of the more robust sites in the region.
Internap Network Services Corporation, an Internet solutions and data center company, provides a suite of network optimization, and delivery services and products that manage, deliver, and distribute applications and content. Its services and products enable customers to migrate business-critical applications from private to public networks.
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