Lazard

NEW YORK, July 3 /PRNewswire/ -- The Wynnefield Group, the largest stockholder in Crown Crafts Inc. (Nasdaq: CRWS), announced today that on July 1, 2008 it entered into a governance and voting agreement with Crown Crafts, settling Wynnefield's proxy solicitation to elect two members to the Crown Crafts Board of Directors. As part of this agreement, Crown Crafts has appointed to its Board of Directors Wynnefield nominee Joseph Kling, who will be re-nominated for election to the Board at the company's upcoming annual meeting of stockholders on August 12, 2008. In addition, the Crown Crafts Board of Directors has formed a Strategic Review Committee to explore strategic alternatives to create value for all of the ...

HARRISBURG, Pa., July 3 /PRNewswire-USNewswire/ -- Eileen Connelly, Executive Director of the Service Employees International Union's Pennsylvania State Council, today called on the Pennsylvania School Employees' Retirement System (PSERS) to protect retiree pension dollars and workers' rights by steering clear of an investment management firm affiliated with Lazard, Ltd., a troubled firm whose affiliates have lost money for PSERS annuitants and whose past is replete with union-busting ...

BOULDER, CO -- (MARKET WIRE) -- 07/02/08 -- AeroGrow International, Inc. (NASDAQ: AERO) ("AeroGrow" or the "Company"), makers of the AeroGarden® line of indoor gardening products, announced that it has appointed four new members to its Board of Directors, Linda Graebner, Peter Michel, Suresh Kumar and Michael Dingman, Jr., bringing significant additional depth and breadth of experience to its Board. Linda Graebner is a veteran consumer products and direct marketing executive. In her role as President and CEO of Tilia Inc., she transformed a small ($9 million revenue), unprofitable and insolvent company into a leading manufacturer of premier lines of small electric kitchen appliances (FoodSaver® and VillaWare® brands). She built a virtually unknown product, the FoodSaver® Vacuum Sealing System, into the fourth largest category in small electric appliances at revenues in excess of $200 million. She managed the sale of this privately held company to Jarden Corporation (NYSE) in 2002 in a $185 million cash transaction. Recognized as an expert in the housewares industry ...

SAN DIEGO--(BUSINESS WIRE)-- Sequenom, Inc. (NASDAQ: SQNM) today announced that the underwriters of its previously announced common stock offering that priced on June 25, 2008 have exercised in full an option to purchase an additional 825,000 shares of its common stock. Including the additional shares being purchased, the offering will total 6,325,000 shares at a public offering price of $15.50 per share, resulting in expected net proceeds to Sequenom of approximately $92.0 million (after deducting the underwriting discounts and commissions and other estimated offering expenses). Sequenom expects the net proceeds from the offering to be used for the development ...

CAPE CANAVERAL, Fla., June 30 /PRNewswire/ -- IAP Worldwide Services, Inc. announced today the appointment of Andrew J. Herenstein to the IAP Board of Directors. Herenstein is a co-founder and Managing Principal of Monarch Alternative Capital LP. He is on the board of Oneida, Ltd. and also serves on the Finance Committee of Yeshiva University. (Photo: http://www.newscom.com/cgi-bin/prnh/20080630/DC26516 ) "Andrew is widely recognized as a financial expert in debt investment and credit research analysis," said Steven Gaffney, IAP ...