149 articles for

March 2009

OPLINK COMMS: Briefing on Dismissal of Simmonds Heard on Oct. 23

Oplink Communcations, Inc. says that briefing on the motion to dismiss a lawsuit filed by Vanessa Simmonds was completed on Oct. 23, 2008.

On Oct. 12, 2007, Ms. Simmonds filed in the U.S. District Court for the Western District of Washington…

WATSON WYATT: DOL’s Inquiry on Consultants’ Compensation Ongoing

Watson Wyatt Investment Consulting Inc. (WWIC) continues to cooperate with the U.S. Department of Labor’s (DOL) investigation into the compensation of consultants and other investment advisers.

WWIC is a Watson Wyatt Worldwide, Inc. subsidiary.

On Nov. 17, 2006, WWIC received a subpoena…

WATSON WYATT: Arbitration Hearings in Stroh Case Expected in ‘09

Watson Wyatt Worldwide, Inc. anticipates arbitration hearings in the case styled Watson Wyatt v. SBC Holdings, Inc. (Stroh Brewery Company) to be held in 2009.

On July 23, 2004, the Company received a demand letter from Stroh’s counsel alleging that errors…

UNIVERSAL CORP: Deltafina Appeal on EUR11.88M Fine Still Pending

Universal Corporation says that an appeal filed by its Italian subsidiary, Deltafina, S.p.A., over an EUR11.88 million fine, is pending in the Court of First Instance of the European Communities.

In October 2004, the European Commission imposed fines on “five companies…

AB0VENET INC: Telekenex’s Lawsuit Settled on Sept. 29 in Calif.

Telekenex, Inc.’s lawsuit against AboveNet, Inc. was settled on Sept. 29, 2008 in San Francisco County Superior Court.

In May 2008, Telekenex, a customer, filed a complaint against the Company, alleging that the Company failed to deliver to Telekenex fiber optic…

NORTHROP GRUNMAN: DOJ Files Notice of Intervention in Calif.

Northrop Grumman Corp. disclosed in its latest annual report on Form 10-K filed with the U.S. Securities and Exchange Commission that on Nov. 26, 2008, the U.S. Department of Justice filed a Notice of Intervention in a False Claims Act…

UNIVERSAL CORP: Appeal on EUR30M Penalty in Italy Still Pending

An appeal filed by Universal Corporation and its subsidiary Deltafina, S.p.A., over an EUR30 million fine, is pending in the Court of First Instance of the European Communities.

In 2002, the Company reported that it was aware that the Commission was…

NORTHROP GRUNMAN: Admitted to DOJ’s Corporate Leniency Program

Northrop Grumman Corp. disclosed in its latest annual report on Form 10-K filed with the U.S. Securities and Exchange Commission that in February 2009, the company and the U.S. Department of Justice signed an agreement admitting the company into the…

NORTHROP GRUNMAN: DOJ’s Deepwater Program Probe Still Ongoing

Northrop Grumman Corp. disclosed in its latest annual report on Form 10-K filed with the U.S. Securities and Exchange Commission that it is cooperating with the U.S. Department of Justice regarding the Company’s Deepwater Program.

In the second quarter of 2007,…

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