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An anti-trust class-action lawsuit has been filed against Visa, Mastercard and several major U.S. banks on behalf of merchants, alleging the fixing of credit card fees.

According to a law firm press release, a class action lawsuit was filed on behalf of all persons who purchased the securities of Fifth Third Bancorp against the Company and its president and chief executive officer, alleging violations under the Securities Exchange Act of 1934.

Kahn Gauthier Swick, LLC ("KGS"), the law firm that filed the first class action lawsuit against Optionable, Inc. ("Optionable" or the "Company") (OTC BB:OPBL.OB), notifies investors that a subsequent class action lawsuit filed by a Connecticut and New York law firm has been voluntarily dismissed. Following this untimely withdrawal, KGS remains the sole law firm actively prosecuting a securities class action lawsuit seeking to recover for losses suffered by shareholders who purchased shares of the Company in connection with its Initial Public Offering ("IPO") in or about May 9, 2005, or who purchased shares thereafter in the open market (the "Class Period"). KGS’ lawsuit is pending in the United States District Court for the Southern District of New York, Civil Action No. 07cv3753.

Several class actions have been filed against container shipping company CP Ships, Ltd. (NYSE:TEU), and certain of its officers and directors by stockholders who purchased the company's common stock between April 23, 2003, and August 6, 2004. The actions claim that the defendants violated federal securities laws by issuing a series of material misrepresentations to the market over this time period, thereby artificially inflating the price of the company's securities.

According to a law firm press release dated September 5, 2008, a class action complaint has been filed against the company and certain current and former officers and directors. The Complaint alleges violations of Section 11 and Section 15 of the Securities Act of 1933, including allegations of material misrepresentations and omissions in Quest's Registration Statement and Prospectus issued in connection with the Initial Public Offering ("IPO") on November 7, 2007. The class period begins with the IPO on November 7, 2007 and continues through August 25, 2008.

Two class action cases have been filed in San Diego Superior Court against strip mall developer Price Legacy Corporation (Nasdaq: PLRE) and certain of its officers and directors by stockholders. The actions claim that the defendants breached their fiduciary duty to stockholders in a recent merger with PL Retail LLC. Specifically, the stockholders claim that PL Retail did not pay fair value when it acquired Price Legacy and that Price legacy should have held out for a better price.

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