July 29, 2005 news release was not authorized, contained inaccurate and misleading information. PR Web has removed the earlier release from its site.
Irving, Texas (PRWEB) August 5, 2005 -- FIRSTPLUS Financial Group, Inc. (Pink Sheets: FPFX) (the Company) today announced that it has requested PR Web to retract and withdraw the press releases on FIRSTPLUS Financial Group, Inc. that PR Web released over its news wires on July 29, 2005.
The PR Web items were issued (i) without Company authorization, (ii) by an individual with no capacity to act on behalf of the Company or its affiliates and (iii) contained certain information that is inaccurate and misleading and is not to be relied upon by investors.
The Company has scheduled a Special Meeting of Shareholders for September 1, 2005. The Company expects to file its proxy materials with the Securities and Exchange Commission during the week of August 8, 2005.
The above statements contained in this press release that are not historical facts, including, but not limited to, statements that can be identified by the use of forward-looking terminology such as may, will, expect, anticipate, estimate, intend or continue or the negative thereof or other variations thereon or comparable terminology, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, and involve a number of risks and uncertainties. The actual results of the future events described in such forward-looking statements in this press release could differ materially from those stated in such forward-looking statements.
(Editor's Note: PRWeb immediately removed the July 29th news release from its site.)