Hewitt Associates Inc

Hewitt Associates, Inc. is in dispute with Philips Electronics UK Limited (Philips) over a claim that the Company failed to properly value certain benefits in connection with actuarial services provided from 1995 to 2000.

On Aug. 1, 2008, Philips and Philips…

Hewitt Associates, Inc., during the year ending Sept. 30, 2008, recorded net charges of about US$20 million related to ongoing disputes and settlements.

Lincolnshire, Ill.-based Hewitt Associates, Inc. provides human resource benefits, outsourcing and consulting services, with about 23,000 employees based…