112 articles for

December 2008

SAIC INC: Post-Judgment Motion v. Ruling in NRC’s Favor Ongoing

SAIC, Inc., on October 2008, filed post-trial motions, challenging a judgment, which was in favor of the Nuclear Regulatory Commission (NRC) in a False Claims Act case.

The U.S. Department of Justice filed a lawsuit against the Company in September 2004…

SAIC INC: Hearing on Contract Pricing Case Set for January 2009

SAIC, Inc. says that oral arguments over an appeal in a dispute over the proper interpretation of contract pricing terms are scheduled for January 2009.

As a result of the dispute, the Company has initiated a lawsuit against a state government…

SAIC INC: Still Subject to Routine Compliance Reviews by the IRS

SAIC, Inc. continues to be subject to routine compliance reviews by the Internal Revenue Service (IRS) and other taxing authorities.

The IRS is currently reviewing fiscal years 2007 and 2008. During the next 12 months, it is reasonably possible that resolution…

SAIC INC: Involved in Indemnification Claims in 2006 Acquisition

SAIC, Inc. says that it identified a number of potential indemnification claims against certain sellers, following the closing of an undisclosed acquisition in December 2006, according to the Company’s quarterly report filed with the Securities and Exchange Commission for the…

SAIC INC: Former Telcordia Unit’s Action v. Telkom Still Ongoing

SAIC, Inc.’s former subsidiary Telcordia, since March 2001, is still in arbitration proceedings before the International Chamber of Commerce (ICC), against Telkom South Africa as a result of a contract dispute.

Telcordia seeks to recover damages for breach of contract, plus…

COMMUNITY HEALTH: In Settlement Talks with DOJ on False Claims

Community Health Systems Inc. disclosed in its latest Quarterly Report on Form 10-Q filed with the U.S. Securities and Exchange Commission that it remains in discussions with the Civil Division of the Department of Justice in an effort to resolve…

COMMUNITY HEALTH: Whitten’s Qui Tam Suit Trial Set January 2009

Community Health Systems Inc. disclosed in its latest Quarterly Report on Form 10-Q filed with the U.S. Securities and Exchange Commission that the District Court of the Southern District of Georgia, Brunswick Division, denied on Aug. 5, 2008, the Company’s…

UTi WORLDWIDE: New Zealand Probe on Forwarding Services Ongoing

One of UTi Worldwide Inc.’s subsidiaries is cooperating with the New Zealand Commerce Commission’s probe on international freight forwarding services in New Zealand.

On Oct. 25, 2007, the subsidiary received a notice from the Commission that it was conducting the investigation…

CANWEST MEDIA: Still Involved in CanWest Broadcasting Litigation

Canwest Media Inc. is still involved in litigation concerning its subsidiary CanWest Broadcasting Ltd. (CBL), according to the Company’s latest annual report for the period ended Aug. 31, 2008 filed with the Securities and Exchange Commission.

On March 5, 2001, certain…

UTi WORLDWIDE: Still Involved in Pet Transport Acquisition Case

UTi Worldwide Inc. continues to be involved in litigation in Italy (in various cases filed in 2000 in the Court of Milan) and England (in a case filed on April 13, 2000 in the High Court of Justice, London) with…

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