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July 28, 2006

United Security Bancshares Announces 10b5-1 Plan

United Security Bancshares today announced that its Company Chairman and CEO, Dennis R. Woods, has adopted a pre-arranged stock trading plan to sell a portion of his company stock over a 16-month period for estate planning purposes.

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NYSE traders fight for survival

Computers have wiped out the need for human traders around the world, but the New York Stock Exchange is fighting for the survival of its trading floor.

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Ellison told to make $100M donation, pay lawyers $22M

A judge in San Mateo County ruled Tuesday that Oracle Corp. CEO Larry Ellison will have to donate $100 million to charity and pay $22 million to lawyers who sued him for alleged stock trading abuses.

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OSC panel rejects proposed settlement with Biovail chairman Eugene Melnyk

TORONTO (CP) - The Ontario Securities Commission has rejected a proposed settlement with Eugene Melnyk, chairman of pharmaceutical company Biovail Corp. (TSX:BVF), who has been accused of violating the province's stock trading rules.

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