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Financial News USA
May 17


24 Hours Left - Kahn Swick & Foti, LLC and Former Louisiana State Attorney General Remind Investors With Large Financial Interests of Lead Plaintiff Deadline in Lawsuit Against The St. Joe Company - JOE and Bluegreen Corporation Executes New $20 Million T PDF Print E-mail

Kahn Swick & Foti, LLC ("KSF") and its partner, the former Louisiana Attorney General Charles C. Foti, Jr. remind investors that today is the last day to file lead plaintiff applications in a securities class action lawsuit in the United States District Court for the Northern District ofFloridaon behalf of purchasers of the securities of The St. Joe Company (NYSE:JOE) ("St. Joe" or the "Company"), who purchased or otherwise acquired St. Joe securities betweenFebruary 19, 2008andOctober 12, 2010, inclusive (the "Class Period"), including purchasers of the Company's securities pursuant or traceable to the Company's public offering of common stock on or aboutFebruary 27, 2008.If you are a St. [Read the full article]

Bluegreen Corporation (NYSE:BXG - News) (Bluegreen or the Company), a leading provider of Colorful Places to Live and Play(R), announced today that it has entered into a new timeshare receivables purchase facility with Quorum Federal Credit Union (Quorum).The Quorum facility allows for the sale of timeshare notes receivable on a non-recourse basis, pursuant to the terms of the facility and subject to certain conditions precedent. Quorum has agreed to purchase eligible timeshare receivables from the Company or certain of its subsidiaries up to an aggregate $20 million purchase price through August 31, 2011 at an 80% advance rate and at a program fee rate of 8% per annum, and at terms to be agreed upon through December 22, 2011. [Read the full article]

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