112 articles for

December 2008

UTi WORLDWIDE: Still Working With Art Expert to Assess Damages

UTi Worldwide Inc. and its insurers continue to work with an art expert to determine whether any damages have occurred as a result of a malfunctioning climate-control unit in June 2007.

The Company was previously engaged, through various indirect subsidiaries, in…

ARAMARK CORP: Pritsker’s Qui Tam Action Served on Oct. 3 in Pa.

ARAMARK Corporation and a subsidiary, on Oct. 3, 2008, were served with a complaint in a Qui Tam action filed by Relator Robert Pritsker (which was originally filed on Oct. 30, 2003).

The suit names the Company and certain other companies…

UTi WORLDWIDE: Canadian Anti-Competition Practices Probe Ongoing

UTi Worldwide Inc. continues to cooperate with the Canadian Competition Bureau’s probe on alleged anti-competitive activities of persons involved in the provision of international freight forwarding services to and from Canada.

On Oct. 10, 2007, the Company received a notice from…

PALL CORP: Shareholder Derivative Suit Filed in N.Y. on Nov. 13

Pall Corporation says that, on Nov. 13, 2008, a shareholder filed a derivative lawsuit in New York Supreme Court, Nassau County, against certain current and former directors and officers of the Company, and against the Company, as nominal defendant.

The suit…

PALL CORP: SEC, N.Y. USAO’s Probes on Tax Matters Still Ongoing

Pall Corporation continues to cooperate with the U.S. Securities and Exchange Commission and the U.S. Attorney’s Office for the Eastern District of New York’s investigations on the Company’s understatement of certain of its U.S. income tax payments and of its…

UTi WORLDWIDE: EC’s Inquiry on Anti-Competitive Behavior Ongoing

One of UTi Worldwide Inc.’s subsidiaries is working with the European Commission’s probe on alleged anti-competitive behavior relating to freight forwarding services in the European Union/European Economic Area.

In June 2008, the subsidiary received a request for information issued by the…

SPECTRUM BRANDS: Awaits Final Tabriza Case Ruling on Fiscal 2009

Spectrum Brands, Inc. says that an arbitration panel’s final decision over a matter involving Tabriza Brasil Empreendimentos Ltda. is anticipated to be issued in the first quarter of the Company’s 2009 fiscal year, according to the Company’s annual report filed…

UTi WORLDWIDE: Still in Dispute w/ South African Revenue Service

UTi Worldwide Inc. continues to be in dispute with the South African Revenue Service, in which the Company makes use of “owner drivers” for the collection and delivery of cargo.

The South African Revenue Service is claiming that the Company is…

UTi WORLDWIDE: DOJ Probe on Transport Industry Practices Ongoing

UTi Worldwide Inc. continues to cooperate with the U.S. Department of Justice’s probe into the pricing practices in the international freight forwarding and cargo transportation industry.

In June 2007, the Company responded to a grand jury subpoena requesting documents in connection…

BROCADE COMMS: Dismissal Bid of Derivative Case Filed on Oct. 6

Brocade Communications Systems, Inc. says that, on Oct. 6, 2008, defendants in a consolidated federal derivative action filed motions to dismiss the Special Litigation Committee’s (SLC) Second Amended Complaint, in which the Company opposed the defendants’ motions.

Beginning on or about…

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