Alabama and Fremont Nebraska Illegal Immigration Laws Receive National Support

Alabama and Fremont Nebraska Illegal Immigration Laws Receive National Support From ALIPAC.

(For National Release) Raleigh, NC, USA - February 22, 2012 -- Americans for Legal Immigration PAC (ALIPAC) is offering national support to the backers of Alabama's new illegal immigration control legislation as well as the 75% of Fremont Nebraska's municipal ordinance that was cleared by the courts this week.

ALIPAC's extensive national activist network is now deployed sharing the news with state lawmakers across America that Alabama's unemployment rate has dropped quickly in response to the peaceful departure of illegal immigrants in response to state level immigration law enforcement.

ALIPAC activists are busy rallying city and town council members nationwide to implement laws similar to Fremont Nebraska ordinance. Recent court rulings have cleared the way for towns like Farmers Branch Texas, Hazleton Pennsylvania and many others to do just that.

"We need American defenders fighting on every level right now!" said William Gheen President of ALIPAC. "We are fighting against the illegal immigration invasion of America in our towns, in our states, in Washington, DC and in the campaigns and elections. Americans need every job and every taxpayer resource we can reclaim from illegal aliens."

ALIPAC activists are delivering an article written by Neil Munro published in the Daily Caller on February 20, 2012 to state lawmakers in all 50 states titled "Alabama’s immigration reform again cuts unemployment".

“In the last three months alone, we've seen an unprecedented drop of 1.7 percentage points,” noted Alabama Republican Gov. Robert Bentley in a Jan. 20 statement. The drop began after a bipartisan 2011 law toughened the state’s immigration enforcement policies. The reform prompted many low-skilled illegal immigrants to leave the state, and was slammed by advocates for illegal immigrants, including Tom Perez, the chief of the Justice Department’s civil regulation division.

"We expect the illegal aliens to leave any state or town where they hear local Americans will be enforcing the popularly supported immigration laws duly passed by our constitutionally empowered Congress," said William Gheen. "Our activists are taking steps to make sure every state and town lawmaker knows it is incumbent upon them to protect American citizens from the dire consequences of invasion when the federal government fails in its most basic responsibility to enforce Article 4 of the US Constitution."

To schedule interviews or for more information about ALIPAC's efforts to spread versions of Arizona's and Alabama's illegal immigration laws to other states, or activist efforts to spread Fremont Nebraska's court authorized city ordinance to other towns, please visit http://www.ALIPAC.us.

Media Contact:
William Gheen
President
Americans for Legal Immigration PAC (ALIPAC)
Post Office Box 30966, Raleigh, NC 27622-0966
FEC ID: C00405878
Tel: (866) 703-0864
Posted by No comments:

Carter's, Inc. (NYSE:CRI) Investor Lawsuit could end with $20million Settlement

A settlement in a lawsuit for certain investors in NYSE:CRI shares was proposed and all NYSE:CRI stockholders should contact the Shareholders Foundation.

San Diego, CA, USA (February 22, 2012) -- The Shareholders Foundation announces that a settlement in a lawsuit filed on behalf of certain NYSE:CRI investors was proposed.

Investors who purchased Carter's, Inc. (NYSE:CRI) shares, between March 16, 2005 through November 10, 2009, and investors who purchased prior to March 2005 and still hold any of those CRI shares have certain options and should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 - 1554.

In November 2009 a lawsuit was filed by investors alleging Carter's and certain of its officers and directors with violations of the Securities Exchange Act of 1934. The plaintiffs alleged that Carter's statements and filings between March 16, 2005 through November 10, 2009 were allegedly materially false and misleading.

In September 2011 the parties entered into mediation and in December 2011 a motion for preliminary approval of partial class settlement was filed. Pursuant to the proposed settlement several defendants agreed to pay $20million to end the lawsuit. The settlement still needs final approval by the judge.

Meanwhile certain directors at Carter's, Inc. still face another lawsuit recently filed by a current long term investor in NYSE: CRI shares. The plaintiff alleges that between 2004 and 2009 former Executive Vice President of Sales at children's clothing marketer Carter's Inc. allegedly manipulated the amount of discounts Carter's granted its largest wholesale customer in order to induce it to purchase greater quantities of Carter's products. He allegedly then concealed his actions by persuading the customer to defer subtracting the discounts from payments until later financial reporting periods. The plaintiff claims that certain directors caused Carter’s Inc to publicly issue false financial results by improperly reporting millions of dollars in margin support payment to major wholesale customers in incorrect periods and as a result the defendants caused Carter’s to improperly recognize revenue on millions of dollars of product sold via wholesale customers.

Carter’s later had to restate its historical financial statements for the fiscal years 2004-2008 and in late 2010 the U.S. Securities and Exchange Commission charged the former Executive Vice President of Sales of Carter's, Inc for allegedly engaging in financial fraud and insider trading.

Those who purchased Carter's, Inc. (NYSE:CRI), including those who purchased CRI shares as early as 2005 or 2004 and currently hold those NYSE CRI shares, have certain options and should contact the Shareholders Foundation.

Media Contact:
Trevor Allen
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
Posted by No comments:
Subscribe to: Posts (Atom)