194 articles for

February 2009

NOVARTIS AG: Subsidiaries Face 570 Zometa/Aredia Liability Suits

Novartis AG subsidiaries face about 570 cases brought in United States courts in which plaintiffs claim to have experienced osteonecrosis of the jaw after having been treated with Zometa or Aredia.

All purported class actions have been dismissed. Discovery is continuing…

NOVARTIS AG: Units Facing 108 Hormone Replacement Therapy Cases

Novartis AG subsidiaries are defendants in 108 cases brought by about 112 plaintiffs claiming to have been injured by hormone replacement therapy products.

Discovery is underway in these cases, according to the Company’s annual report, on Form 20-F, filed with the…

GOLDMAN SACHS: Shareholder Derivative Case Ongoing in N.Y. Court

A purported shareholder derivative action, filed in New York Supreme Court, New York County, is ongoing against The Goldman Sachs Group, Inc. and its board of directors.

The case, which was filed on June 13, 2003 and amended on March 3,…

GOLDMAN SACHS: Bid to Dismiss N.Y. Derivative Case Filed Jan. 23

The defendants, on Jan. 23, 2009, moved to dismiss a putative shareholder derivative action involving The Goldman Sachs Group, Inc.

On Aug. 28, 2008, a putative shareholder derivative action was filed in the U.S. District Court for the Southern District of…

GOLDMAN SACHS: Bid to Dismiss Wash. Securities Lawsuits Pending

The Goldman Sachs Group, Inc. says that motions to dismiss federal securities breach lawsuits, in which its subsidiary GS&Co. is a defendant, are pending.

GS&Co. is among numerous underwriting firms named as defendants in complaints filed commencing Oct. 3, 2007, in…

COVIDIEN LTD: Settlement in Rochester Action Entered on Jan. 15

Covidien Ltd., on Jan. 15, 2009, entered into a Settlement Agreement and Release of Claims, documenting an agreement in principle, in the case styled Rochester Medical Corporation, Inc. v. C.R. Bard, Inc., et al.

The Rochester Medical complaint was filed against…

GOLDMAN SACHS: eToys’ Suit on IPO Underpricing Pending in N.Y.

eToys, Inc.’s lawsuit over the initial public offering against GS&Co., a subsidiary of The Goldman Sachs Group, Inc., is pending.

GS&Co. has been named as a defendant in an action commenced on May 15, 2002 in New York Supreme Court, New…

GOLDMAN SACHS: Bid to Dismiss Antitrust Action Denied on Dec. 15

The U.S. District Court for the District of Massachusetts, on Dec. 15, 2008, denied the defendants’ motion to dismiss a federal antitrust lawsuit involving The Goldman Sachs Group, Inc. and “GS Capital Partners.”

The Company and “GS Capital Partners” are among…

H.B. FULLER: Subsidiary Facing 6 EIFS-Related Suits at Nov. 29

A subsidiary of H.B. Fuller Company, as of Nov. 29, 2008, faced six exterior insulated finish system (EIFS) lawsuits, which are related primarily to single-family homes.

One of these lawsuits involves EIFS in multi-family structures.

At Aug. 30, 2008, the subsidiary was…

CARNIVAL CORP: Probe on Possible Antitrust Laws Breaches Ongoing

Carnival Corporation continues to cooperate with the Office of the Attorney of General of Florida’s investigation to determine whether there is or has been a violation of Florida antitrust laws.

The investigation is in connection with the setting by the Company…

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