174 articles for

November 2008

BROADCOM CORP: Seeking Declaratory Judgment vs Qualcomm

Broadcom Corp. disclosed in its latest annual report on Form 10-K filed with the U.S. Securities and Exchange Commission that in October 2008, it filed a complaint against Qualcomm Incorporated in the U.S. District Court for the Southern District of…

TEXTRON INC: Has $219M in Liabilities for Finance Unit’s Leases

Textron Inc., at Sept. 27, 2008, recorded US$219 million of deferred tax liabilities on lease transactions within the Finance segment, according to the Company’s latest quarterly report filed with the U.S. Securities and Exchange Commission.

The Internal Revenue Service has challenged…

MEDCO HEALTH: Tenn. Court Approves Derivative Lawsuit Settlement

The Circuit Court of Shelby County in Tennessee, with respect to the stockholders derivative suit filed against Accredo Health, Inc.’s former officers and former directors, has approved a settlement for an immaterial amount, all of which is covered in its…

FRISCH’S RESTAURANTS: 7373’s Declaratory Relief Lawsuits Ongoing

Frisch’s Restaurants, Inc. continues to defend itself against the lawsuits filed by 7373 Corporation.

7373, headquartered in Palm Beach, Fla., is the lessor of five properties on which the Company operates five Big Boy restaurants.

On April 2, 2008, 7373 filed a…

CENTER FINANCIAL: KEIC Consolidated Case Settled on August 6

Center Financial Corporation entered into a Settlement Agreement on Aug. 6, 2008, with Korea Export Insurance Corporation, it disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission.

Pursuant to the KEIC Settlement Agreement,…

APPLE INC: Plaintiffs’ Appeal in Bader v. Anderson Suit Pending

Apple Inc., on Nov. 30, 2008, disclosed in its latest annual report on Form 10-K filed with the U.S. Securities and Exchange Commission, that the plaintiffs’ appeal in Bader v. Anderson, et al. is pending.

Plaintiff filed the purported shareholder derivative…

APPLE INC: Wants Boston Retirement & Plumbers Cases Consolidated

The defendants in Boston Retirement Board v. Apple Computer, Inc. requested on Oct. 20, 2008, the consolidation of the action with In re Apple Computer, Inc. Derivative Litigation, No. 1:06CV066692, and a stay of the action, according to the company’s…

FPIC INSURANCE: Recovery of Guaranty Fund Assessments Continues

FPIC Insurance Group, Inc.’s insurance subsidiaries, under Florida law, continue in the recovery of guaranty fund assessments from their Florida policyholders.

During 2006 and 2007, the Florida Office of Insurance Regulation levied assessments, totaling US$9.4 million and US$4.2 million, respectively, on…

MEDCO HEALTH: Expects Arbitration Panel on IMS Health’s Demand

Medco Health Solutions Inc. disclosed in its latest quarterly report on Form 10-Q filed with the the U.S. Securities and Exchange Commission that it expects that an arbitration panel following briefing and summations in October and November 2008, related to…

APPLE INC: Derivative Case Settlement Pending in San Jose Court

Apple Inc. disclosed in its latest annual report on Form 10-K filed with the U.S. Securities and Exchange Commission on Nov. 30, 2008, that the request for final approval of the settlement of the case styled In re Apple Computer,…

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