85 articles for

June 2009

LEAR CORP: Faces Breach of Contract Suit from RBS in New York

Lear Corporation is facing lawsuit filed by The Royal Bank of Scotland plc ( RBS ) in the U.S. District Court for the Southern District of New York alleging breach of contract, the company disclosed in its latest quarterly report…

PRUDENTIAL ANNUITIES: Settles Annuities Dispute with SEC and NYAG

AST Investment Services, Inc., formerly named American Skandia Investment Services, Inc. ( ASISI ), reached a resolution in April 2009 of the previously disclosed investigations by the U.S. Securities and Exchange Commission and the New York Attorney General into market…

PRUDENTIAL ANNUITIES: Commpletes Remediation of Annuity Contracts

Prudential Annuities Life Assurance Corporation has substantially completed a remediation program to correct errors in the administration of approximately 11,000 annuity contracts issued by the company, it disclosed in its latest quarterly report on Form 10-Q filed with the U.S.…

MIRANT AMERICAS: RPM Buyers Seeks Rehearing on PJM Rate Dispute

Mirant Americas Generation, LLC disclosed in its latest quarterly report filed with the U.S. Securities and Exchange Commission that a variety of parties, including the state public utility commissions of Maryland, Pennsylvania, New Jersey, and Delaware, ratepayer advocates, certain electric…

LEAR CORP: Has US$62.3 Million Legal Reserves as of April 4, 2009

Lear Corporation disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that as of April 4, 2009 and Dec. 31, 2008, it had recorded reserves for pending legal disputes, including commercial disputes…

DISH DBS: Settles Enron Paper Investment Litigation in April 2009

DISH DBS Corporation settled the Enron Commercial Paper Investment litigation for an immaterial amount on April 7, 2009, the company disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission.

During October 2001, the…

AVERY DENNISON: Reviewing Customs Payments for FCPA Compliance

Avery Dennison Corp. disclosed in its latest quarterly report on Form 10-Q filed May 14, 2009, with the U.S. Securities and Exchange Commission that it is in the process of conducting a review and is taking remedial measures to comply…

DISH DBS: Trial Court Grants Motion to Amend Complaint vs. ESPN

DISH DBS Corporation disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that on April 15, 2009, the trial court granted a motion to amend its complaint to assert that ESPN was…

MIRANT AMERICAS: Unit Settles with Souther California Water in May

Mirant Americas Generation, LLC disclosed in its latest quarterly report filed with the U.S. Securities and Exchange Commission that on May 1, 2009, Mirant Energy Trading and Southern California Water Company entered into a settlement agreement under which Southern California…

PRUDENTIAL ANNUITIES: Error Remediation Final Phase Starts in Q2

Prudential Annuities Life Assurance Corp. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that the final phase of the remediation program to correct the system-generated calculation errors in its annuity contract…

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