239 articles for

October 2008

LASALLE HOTEL: Meridien Litigation for $5.5M Settled on Sept. 11

LaSalle Hotel Properties, on Sept. 11, 2008, entered into a Settlement Agreement with Meridien that resolved and released each of the parties’ claims, in consideration for a one-time payment by the Company in the amount of US$5.5 million.

The suit…

NORTHROP GRUMMAN: Awaits Ruling on Rehearing Bid v. FM Global

Northrop Grumman Corp. awaits a decision from the U.S. Court of Appeals for the Ninth Circuit on its petition for rehearing of its action against Factory Mutual Insurance Company (FM Global) stemming from a disagreement concerning the coverage of certain…

WASTE CONNECTIONS: Facing Derivative Complaints in Calif. Courts

Waste Connections, Inc. continues to be involved in purported shareholder derivative complaints in various California courts.

On Oct. 25, 2006, a purported shareholder derivative complaint captioned Travis v. Mittelstaedt, et al. was filed in the U.S. District Court for the Eastern…

TRAVELERS COS: Suit Involving Gulf, Gerling Ongoing in New York

The Travelers Companies, Inc.’s subsidiary, Gulf Insurance Company, is involved in litigation with Gerling Global Reisurance Corporation of America in New York.

In the Supreme Court of New York, County of New York, Gulf brought an action on May 22,…

TRAVELERS COS: U.S. Gov’t. Probes on Business Practices Ongoing

The Travelers Companies, Inc. is cooperating with various United States Government agencies’ investigations on the Company’s business practices.

As part of ongoing, industry-wide investigations that commenced in October 2004, the Company and its affiliates received subpoenas and written requests for…

TRAVELERS COS: SEC’s Probes on 2004 Adjustments, Merger Ongoing

The Travelers Companies, Inc. is cooperating with the U.S. Securities and Exchange Commission’s probes on the Company’s second quarter 2004 adjustments and the April 1, 2004 merger of The St. Paul Companies, Inc. and Travelers Property Casualty Corp.

The Company previously…

ATMI INC: Settlement Agreement Entered with Praxair Last July 11

ATMI, Inc., on July 11, 2008, entered into a global settlement agreement with Praxair, Inc. that resolved all actions between the two parties.

Under the agreement, the parties will be free to market and sell worldwide their respective mechanical, sub-atmospheric…

AMAZON.COM INC: Pursuing Appeal to Toysrus.com Verdict in N.J.

Amazon.com, Inc. is pursuing an appeal of the lower court’s rulings in favor of Toysrus.com LLC. The Superior Court of New Jersey had ruled on terminating the contract, declining to award damages, and denying the Company’s motion to compel Toysrus.com…

AMAZON.COM INC: Still Facing Complaints over False Claims Acts

Amazon.com, Inc. continues to face complaints filed in several states by two private litigants on behalf of the state governments under various state False Claims Acts.

Beginning in March 2003, the Company was served with complaints filed in several different…

AMAZON.COM INC: Disputing Securities Complaint v. Audible, Inc.

Amazon.com, Inc. continues to dispute the allegations of wrongdoing in the complaint filed against Audible, Inc., a subsidiary acquired in March 2008.

In June 2001, Audible, Inc. was named as a defendant in a securities class-action filed in United States…

Page 1 of 2412345»...Last »