194 articles for

February 2009

IMPERIAL SUGAR: Probe on Mismanagement of Feb. 2008 Fire Ongoing

A probe is ongoing over the alleged mismanagement and breaches of fiduciary duty by Imperial Sugar Company’s officers, directors and employees over the Feb. 7, 2008 explosion at its Port Wentworth, Ga., refinery.

On July 31, 2008, the Board of Directors…

WASTE CONNECTIONS: Awaits Approval of Calif. Derivative Action

Waste Connections, Inc. disclosed in its latest annual report on Form 10-K filed with the U.S. Securities and Exchange Commission that the Superior Court of California, County of Sacramento has yet to approve the final settlement agreement in the shareholder…

NEWS CORP: Trial on Valassis’ Calif. State Suit Set on Aug. 17

News Corporation disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that the the trial of the case filed by Valassis Communications, Inc. against certain subsidiary of the Company in the California…

EXELON CORP: ComEd Facing Potential Penalties on NERC Violations

Exelon Corporation’s subsidiary, Commonwealth Edison Company, is subject to potential fines for breaching North American Electrical Reliability Corporation (NERC) reliability standards.

On July 18, 2008, ComEd self-reported to ReliabilityFirst Corporation, the entity responsible for monitoring reliability in ComEd’s region, that it…

IMPERIAL SUGAR: McNeil Nutritional Lawsuit Settled on Nov. 2008

Imperial Sugar Company, along with other sugar industry participants, was party to a pending lawsuit with McNeil Nutritional, which was settled in November 2008.

The Company received US$16.1 million in connection with the settlement and has reported a gain on litigation…

IMPERIAL SUGAR: In Discussions w/ SITF Over Proposed Assessment

Imperial Sugar Company is in discussions with the state of Georgia’s Subsequent Injury Trust Fund (SITF) over a proposed US$6.4 million assessment.

In January 2009, the Company’s workers compensation liability insurance carrier notified the Company that it anticipates receiving a loss…

IMPERIAL SUGAR: Delaney Derivative Case Filed on Jan. 16 in Tex.

Imperial Sugar Company says that, on Jan. 16, 2009, a shareholder derivative action styled Delaney v. Sheptor, et al. (Cause No. 2009-03145) was filed in the District Court of Harris County, Tex.

The suit was filed against 12 current and former…

STERIS CORP: Submits New System to FDA for 510(k) Clearance

Steris Corp. disclosed in its quarterly annual report on Form 10-Q filed with the U.S. Securities and Exchange Commission that on Jan. 20, 2009, the Company announced that it submitted to the U.S. Food and Drug Administration a new liquid…

IMPERIAL SUGAR: Facing Suits Related to Port Wentworth Explosion

Imperial Sugar Company is party to a number of claims, including 30 lawsuits by employees and six lawsuits by third parties or their families, for injuries and losses suffered as a result of the Port Wentworth, Ga. refinery explosion and…

SUN MICROSYSTEMS: GSA Audit-Related Suit in Ark. Still Pending

Sun Microsystems Inc. disclosed in its quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that a lawsuit remains pending in the U.S. District Court for the District of Arkansas related to the audit of the…

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