57 articles for

September 2009

INTEL CORP: Antitrust Litigation in South Korea Still Pending

Intel Corp. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that a lawsuit alleging that Intel’s discounts had violated Korean antitrust law is still pending.

In June 2005, the Company received an…

WEATHERFORD INT’L: U.S. Probes on Improper Product Sales Ongoing

Weatherford International Ltd. is cooperating with the U.S. Department of Commerce, Bureau of Industry & Security and the U.S. Department of Justice’s investigations of alleged improper sales of products and services by the Company and its subsidiaries in sanctioned countries.

The…

WEATHERFORD INT’L: US$27MM Legal Fees Incurred in First Half 2008

Weatherford International, Ltd. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that during the six months ended June 30, 2009, the Company incurred US$27 million in legal and professional fees in…

WEATHERFORD INT’L: Embezzlement Probe at European Unit Ongoing

Weatherford International Ltd.’s investigations over the embezzlement of about US$175,000 at a European subsidiary are ongoing, the company disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission.

With the assistance of outside counsel…

AVON PRODUCTS: 2005 Brazilian Tax Ruling Appeal Still Pending

Avon Products Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that its appeal of the 2005 unfavorable first administrative level decision with respect to its appeal of the December 2004…

TYSON FOODS: Review on Mexican Unit Payments Still Ongoing

Tyson Foods Inc. disclosed in its latest Quarterly Report on Form 10-Q filed with the U.S. Securities and Exchange Commission that the review being conducted on certain payments made by one of its subsidiaries in Mexico is still ongoing.

The review…

WEATHERFORD INT’L: Oil-For-Food Program Inquiries Still Ongoing

The U.S. Securities and Exchange Commission and the U.S. Department of Justice’s probes into Weatherford International Ltd.’s participation in the United Nations oil-for-food program are ongoing, the company disclosed in its latest quarterly report on Form 10-Q.

The Company participated in…

TEREX CORP: SEC Probe on Accounting Practices Still Ongoing

Terex Corp. continues to cooperate with the U.S. Securities and Exchange Commission’s private investigation with respect to the Company’s accounting practices.

The Company has previously disclosed that the SEC has been conducting a private investigation.

This investigation is presently focused on (1)…

AVON PRODUCTS: Probe on China Unit on FCPA Violations Ongoing

Avon Products Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that its voluntary internal investigation of its China operations is still ongoing.

The Company is focusing on compliance with the Foreign…

HUMANA INC: NYAG Probe on Provider-Payment Practices Ongoing

Humana Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that it continues to cooperate with the investigation by the New York Attorney General, Andrew M. Cuomo, into certain provider-payment practices.

On…

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