Federman & Sherwood Announces That a Securities Class Action …

On March 28, 2008, a class action lawsuit was filed in the United States District Court for the District of Minnesota against MoneyGram International, Inc. (NYSE: MGI). The complaint alleges violations of federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, including allegations of issuing a series of material misrepresentations to the market which had the effect of artificially inflating the market price. The class period is from January 24, 2007 through January 14, 2008.
Plaintiff seeks to recover damages on behalf of the Class. If you are a member of the Class as described above, you may move the Court no later than Tuesday, May 27, 2008, to serve as a lead plaintiff for the Class. However, in order to do so, you must meet certain legal requirements pursuant to the Private Securities Litigation Reform Act of 1995.
If you wish to discuss this action, participate in this or any other lawsuit, or have any questions or concerns regarding this notice, or preservation of your rights, please contact:
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money.cnn.com


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Naperville Park District

Nearly a year after the Naperville Park District’s last executive director left the post, commissioners have found a successor.
Next month the district will welcome Daniel Betts, who is currently deputy manager of recreation and facility services for the city of Denver. Park officials will make a formal announcement on Bett’s hiring at Thursday’s board meeting.
“Plans do call for him to start March 24, pending the approval of his contract Thursday,” park board President Kristen Jungles said Tuesday.
The district did not have a contract with former executive director Barbara Heller. Heller, who was an at-will employee, began working for the district in November 2004 and left in March 2007.
“He will have a contract that will show the commitment of the board … to him,” Jungles said.
Park commissioners on Tuesday declined comment on the new director, opting to wait until the formal announcement Thursday evening.
Last week the Rocky Mountain News reported Betts, who started working for Colorado’s capital city four years ago, turned in his resignation effective March 4. In the article he said becoming executive director of the Naperville Park District was a promotion, a great opportunity and a chance to return to the Chicago area, where he grew up.
“This has been a great experience all the way around,” he told the paper about his time in Denver.
A Web site profile said Betts graduated in 2001 from Western Illinois University, which he began attending in 1998. The profile described Betts as an education management consultant in addition to being Denver’s deputy director of parks and recreation.
In September Betts faced a firestorm of criticism from Denver City Council members over a proposal to reduce the hours that 12 of the city’s recreation centers were open to the public, the Denver Post and Rocky Mountain News reported. The cutbacks were considered a cost-saving measure.
In 2005 Betts helped organize a youth basketball tournament and other events designed to highlight Denver’s diversity when the NBA All-Star Game was held in Colorado, the Post reported.
In April Betts was one of six finalists named for the director of recreation in Cincinnati, according to minutes of that city’s Public Recreation Commission.

suburbanchicagonews.com


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Philadelphia School District

Walter W. Sibson Jr., 94, of Brigantine, N.J., formerly of Havertown, a physical education teacher and vice principal for 38 years, died of heart failure Feb. 3 at Dunwoody Village in Newtown Square, where he had lived for six years.
After graduating from Frankford High School, where he was an athlete, Mr. Sibson earned a bachelor's degree in physical education and a master's degree in education from Temple University. He earned nine varsity letters in four sports at Temple, where he also met his future bride, Leontine Wilder.
Mr. Sibson played semi-pro baseball with Penn A.C. and was selected to play in the 1936 Olympic Games. One of his favorite stories was recounting to his family the time he got to bat against Satchel Paige.
Mr. Sibson began a 38-year career with the Philadelphia School District as a physical education and health teacher at Northeast High School, where he also coached varsity baseball and football. He moved to South Philadelphia High as vice principal and then to Edison High, where he was vice principal for 17 years.
Mr. Sibson was a college football official for 24 years, and was selected for several Army-Navy contests and postseason games such as the Peach Bowl and the Liberty Bowl, when it was played in Convention Hall in Atlantic City.
Mr. Sibson joined the Navy during World War II and saw combat in the Pacific and in Europe. His Liberty class cargo ship escorted several supply convoys near the Soviet Union. During one maneuver, his ship was sunk by a German submarine. In addition to several U.S. wartime service medals, Mr. Sibson was recognized by the Soviet Union for his wartime service. He remained in the Naval Reserve until retiring after 30 years as a lieutenant commander.
Mr. Sibson retired to Brigantine, where he was a founding member of the Brigantine Garden Club and Memorial Shade Tree Commission. The group planted hundreds of trees on the island.
Mr. Sibson is survived by sons Barry, Bryan and Bruce; daughters Gwen Porcaro and Joan Trabandt; 13 grandchildren; and four great-grandchildren. Services will be private.

philly.com


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