194 articles for

February 2009

TRIDENT: Facing Several Regulatory Probes on Stock Option Grants

Trident Microsystems, Inc. said in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that it is currently facing several regulatory investigations in connection with its stock option grant practices and related issues.

The U.S.…

TRIDENT MICROSYSTEMS: Expects Rising Costs in Derivative Actions

Trident Microsystems, Inc. said in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that it expects to continue to incur legal fees in responding to the federal and state court derivative cases, including…

RESMED INC: Awaits Ruling on Appeal to Germany Tax Adjustments

ResMed Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that its appeal over the German tax authority office’s tax adjustments made on one of its German subsidiaries remains pending.

During September…

PILGRIMS PRIDE: US Immigration’s Probe on Identity Theft Ongoing

US Immigration and Customs Enforcement’s (ICE) investigation into allegations of identity theft within Pilgrim’s Pride Corporation’s workforce is ongoing.

With the Company’s cooperation, ICE arrested 350 of the Company’s employees in 2008 believed to have engaged in identity theft at five…

HUTCHINSON TECHNOLOGY: Seeking to Dismiss Citigroup Inc.’s Case

Hutchinson Technology Incorporated, on Dec. 18, 2008, filed a notice of voluntary dismissal without prejudice regarding litigation concerning Citigroup Inc. and one of its affiliates (collectively, “Citigroup”).

On Nov. 14, 2008, the Company filed the action in U.S. District Court for…

PILGRIMS PRIDE: Continues to Be Involved in Wage and Hour Issues

Pilgrim’s Pride Corporation is involved in wage and hour issues, particularly claims that seek unspecified damages brought by current and former employees seeking compensation for the time spent donning and doffing clothing and personal protective equipment.

The Company is aware of…

SPARTON CORP: Electropac Co. Inc. Suit Settled in September 2008

Sparton Corp. disclosed in its latest quarterly report on Form 10- Q filed with the U.S. Securities and Exchange Commission that its subsidiary, Sparton Electronics Florida Inc., reached a settlement with Electropac Co. Inc. in September 2008.

In August 2005, Sparton…

HUTCHINSON TECHNOLOGY: ARS Matters Settled with UBS on Dec. 19

Hutchinson Technology Incorporated, on Nov. 14, 2008, entered into an agreement with UBS AG, UBS Financial Services Inc. and UBS Securities LLC (collectively “UBS”) to resolve various matters.

On Nov. 14, 2008, the Company filed an action in U.S. District Court…

ACXIOM CORP: Epsilon Data’s Breach Suit Pending in Tex. Court

Acxiom Corp. continues to defend itself in an action brought by Epsilon Data Management LLC over the acquisition of three long time data providers in the 192nd Judicial District Court of Dallas County, Texas, the Company disclosed in its latest…

ASYST TECHNOLOGIES: Derivative Actions in Calif. Remain Pending

Certain of Asyst Technologies, Inc.’s current and former directors and officers remain as as defendants in federal actions filed in U.S. District Court of California, the Company disclosed in its latest quarterly report on Form 10-Q filed with the U.S.…

Page 3 of 20«12345»...Last »