The stipulation settlement resolving stockholder derivative action, naming The Children’s Place Retail Stores, Inc. as a nominal defendant, was approved by the U.S. District Court for the District of New Jersey on July 21, 2008.
On Jan. 17, 2007, a…
Novell, Inc. is proceeding with the remaining claims against Microsoft Corp. related to claims that Microsoft eliminated competition in the office productivity software market.
On Nov. 12, 2004, the Company filed suit against Microsoft in the U.S. District Court, District…
Synopsys Inc., in its Form 10-Q dated Sept. 9, 2008, disclosed that it will seek resolution of Internal Revenue Service’s proposed adjustments to the Company’s 2002 through 2004 taxes through the IRS Appeals Office.
In the third quarter of 2006,…
Willow Financial Bancorp, Inc. remains a defendant in three civil actions relating to some of the revenue bonds which are the subject of a Securities and Exchange Commission investigation. Discovery of the actions is still in its initial stages.
On…
Novell, Inc. continues to await ruling on its appeals with the California Court of Appeals from the judgment regarding the Company’s equitable defenses against a suit filed on July 12, 2002, by Amer Jneid and other related plaintiffs in the…
UTi Worldwide Inc. and its insurers continue working with an art expert to determine whether any damages have occurred as a result of a malfunctioning climate-control unit in June 2007.
Through several of its European indirect subsidiaries, the Company is engaged…
VeriFone Holdings, Inc.’s management expects to receive the decision of the administrative body with regards to the Brazilian state value added tax (VAT) audit sometime in 2008.
One of the Company’s Brazilian subsidiaries has been notified of a tax assessment regarding…
VeriFone Holdings, Inc. continues to cooperate with the U.S. Securities and Exchange Commission in responding to its requests for information related to the restatement of its fiscal year 2007 interim financial statements.
The Company has also responded to inquiries and…
Novell, Inc. remains in dispute regarding claims in seven derivative complaints that were filed in Massachusetts state and federal courts.
Between September and November of 2006, seven separate derivative complaints were filed in Massachusetts state and federal courts against the Company…
Synopsys Inc. and the Internal Revenue Service, on June 30, 2008, executed a final Closing Agreement under which substantially all of the proposed assessment was eliminated.
On June 8, 2005, the Company received a Revenue Agent’s Report in which the IRS…