ICEQUITY
14 년 전
Rigrodsky & Long, P.A. Investigates Buyout of TradeStation Group, Inc. - TRAD
Date : 04/21/2011 @ 11:49AM
Source : Business Wire
Stock : Rigrodsky & Long, P.A. (TRAD)
Quote : 9.675 2.265 (30.57%) @ 7:22AM
Rigrodsky & Long, P.A. Investigates Buyout of TradeStation Group, Inc. - TRAD
Tradestation Grp. (MM) (NASDAQ:TRAD)
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Today : Thursday 21 April 2011
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Rigrodsky & Long, P.A. announces that it is investigating potential claims against the board of directors of TradeStation Group, Inc. (“TradeStation” or the “Company”) (Nasdaq: TRAD) concerning possible breaches of fiduciary duty and other violations of law related to the Company’s entry into an agreement to be acquired by Monex Group, Inc. (“Monex”) in a transaction valued at approximately $411 million. Click here to learn how to join the action: www.rigrodskylong.com/news/TradeStationGroupInc-TRAD.
Under the proposed agreement, Monex will commence a tender offer for all of the outstanding shares of TradeStation for $9.75 per share in cash.
The investigation concerns whether TradeStation’s board of directors failed to adequately shop the Company and obtain the best price possible for TradeStation’s shareholders before entering into the agreement with Monex.
On February 11, 2011, TradeStation announced its 2010 fourth quarter financial results wherein the Company’s CFO, David Fleischman, commented: “At the 2010 year end, our client assets were at an all-time high, average client margin balances had increased 40% since the 2009 fourth quarter, we had cash and cash equivalents and marketable securities of $105.1 million, no debt, total shareholders’ equity of $173.4 million, and had produced positive net income for the 35th consecutive quarter[.] With interest rates having only one direction to move, and the implementation of our new growth initiatives, we remain excited about our prospects for long-term earnings growth.”
If you own the common stock of TradeStation and purchased your shares before April 21, 2011, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky, Esquire or Noah R. Wortman, Case Development Director, of Rigrodsky & Long, P.A., 919 N. Market Street, Suite 980, Wilmington, Delaware, by telephone at (888) 969-4242 , or by e-mail to info@rigrodskylong.com.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly litigates securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, including claims for breach of fiduciary duty and proxy violations in the Delaware Court of Chancery and in state and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar outcome.
http://ih.advfn.com/p.php?pid=nmona&article=47392041
ICEQUITY
14 년 전
From the TRAD CEO
In designing and enhancing the TradeStation electronic trading platform, our objective was to surpass the passive information and execution tools provided by other trading platforms. Using our proprietary technology, EasyLanguage®, a cornerstone of TradeStation, we wanted to create an interactive trading assistant that allowed traders to harness the incredible power of their PCs to help them test, monitor and automate the execution of their trading strategies more quickly and effectively than ever before.
Now, the two unique advantages that have made the TradeStation platform an industry leader for over 10 years—the ability to historically test and automate custom trading strategies—are fully integrated with the unmatched speed of intelligent direct-access execution to all major ECNs, Exchanges and electronic futures markets in one easy-to-use interface. Once unattainable for most traders, automated trading is now a reality to all TradeStation Securities clients. TradeStation's Strategy Automation Engine makes it possible for traders to automatically monitor and execute dozens or even hundreds of custom strategies and markets—from the simplest to the most complex.
Since the June 2001 release of the TradeStation electronic platform, TradeStation Securities has been repeatedly rated the best online brokerage firm for active traders. If you are an active trader or a hedge fund trader, and have not yet experienced the power of TradeStation, we sincerely urge you to do so.
We thank our clients for their support.
Very truly yours,
Salomon Sredni, Chairman and CEO
http://www.tradestation.com/aboutus/default.shtm
ICEQUITY
14 년 전
TradeStation Group, Inc. Announces the Date of 2011 First Quarter Earnings Conference Call
Date: 21 April 2011
Source: TradeStation Group, Inc. TradeStation Group, Inc. Announces the Date of 2011 First Quarter Earnings Conference Call
PLANTATION, Fla., April 21, 2011 (GLOBE NEWSWIRE) -- TradeStation Group, Inc. (Nasdaq:TRAD) today announced that it will report its first quarter 2011 financial results before the open of the U.S. financial markets on Wednesday, April 27, 2011. The Company will host a conference call to discuss the results beginning at 11:00 a.m. ET.
In conjunction with TradeStation Group, Inc.'s (Nasdaq:TRAD) first quarter 2011 earnings announcement, which will be released at approximately 7:40 a.m., eastern time, on Wednesday, April 27, 2011, you are invited to listen to the live webcast of the discussion of the results at www.TradeStation.com. Simply click on the Q1 2011 Earnings Announcement banner located on the lower right-hand side of the home page.
The company's Monthly Business Metrics for the month of March 2011 will be announced at approximately the same time on Wednesday, April 27, 2011. The live webcast will be accompanied by slides of graphs and charts. If you are unable to participate during the live webcast, the call will be available at www.TradeStation.com for approximately 90 days.
About TradeStation
TradeStation is an award-winning online brokerage firm and trading platform, considered by many the leader in the active trader market. In March 2011, Barron's magazine, in its annual review of 24 online brokerage firms, ranked TradeStation the #1 brokerage firm in the United States, as well as #1 for Frequent Traders, Trading Technology, and Customer Service and Education. In February 2011, TradeStation won for Best Trading System – Stocks, Best Trading System – Futures, Best Institutional Platform, Best Professional Platform, Best Online Analytical Platform and Best Real-Time Data in the annual Readers' Choice Awards given by Technical Analysis of Stocks & Commodities magazine. Also in February 2011, TradeStation was ranked the #1 online brokerage in the U.S. by TraderPlanet.com and SFO magazine in their 2010 Superior Trading and Resource (STAR) Awards.
TradeStation Group, Inc. (Nasdaq:TRAD), through its brokerage subsidiaries, offers the TradeStation platform to the active trader and certain institutional trader markets. TradeStation is an electronic trading platform that offers state-of-the-art electronic order placement and execution and enables clients to scan the markets and design, test, optimize, monitor and automate their own custom Equities, Options, Futures and Forex trading strategies.
TradeStation Securities, Inc. (Member NYSE, FINRA, SIPC, DTCC, OCC & NFA) is a self-clearing, licensed securities broker-dealer and a registered futures commission merchant, and also a member of numerous major exchanges. Its TradeStation Prime Services division, based in New York, seeks to provide prime brokerage services, including securities lending, to small and mid-sized hedge funds and other firms. TradeStation Forex, Inc. (Member NFA) is a Retail Foreign Exchange Dealer (RFED) which offers foreign currency (forex) accounts under what has been commonly known as the "agency broker model." The London-based subsidiary, TradeStation Europe Limited, an FSA-authorized brokerage firm, introduces UK and other European accounts to TradeStation Securities and TradeStation Forex. The company's technology subsidiary, TradeStation Technologies, Inc., develops and offers strategy trading software tools and subscription services and owns all of the company's intellectual property.
CONTACT: David H. Fleischman, Chief Financial Officer TradeStation Group, Inc. 954-652-7000 InvestorRelations@TradeStation.com
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