PARKER-HANNIFIN: Parker ITR Continues to Defend “Farrow” Suit

Parker ITR S.r.l. (Parker ITR), a subsidiary that Parker-Hannifin Corporation acquired on January 31, 2002, has been the subject of a number of lawsuits and regulatory investigations. The lawsuits and investigations relate to allegations that for a period of up…

PARKER HANNIFIN: Pays US$626,000 Fine as Settlement in Australia

Parker Hannifin Corp. disclosed in its latest annual report on Form 10-K filed with the U.S. Securities and Exchange Commission that the company has paid a fine as settled with the Australian Competition and Consumer Commission (ACCC).

The Australian Competition and…

PARKER HANNIFIN: Facing Douglas Farrow Suit in California

Parker Hannifin Corp. disclosed in its latest annual report on Form 10-K filed with the U.S. Securities and Exchange Commission that the company is facing False Claims Act lawsuit entitled, The United States of America ex rel. Douglas Farrow v.…

PARKER HANNIFIN: Probe on Parker ITR Ongoing in Brazil

Parker Hannifin Corp. disclosed in its latest annual report on Form 10-K filed with the U.S. Securities and Exchange Commission that the Brazilian competition authorities’ investigation is ongoing and the Company and Parker ITR continue to cooperate.

In Brazil, Parker ITR…

PARKER HANNIFIN: Appeal on European Commission Ruling Pending

Parker Hannifin Corp. disclosed in its latest annual report on Form 10-K filed with the U.S. Securities and Exchange Commission that the company’s appeal on a European Commission ruling regarding Parker ITR is still pending.

Parker ITR is a subsidiary of…

PARKER HANNIFIN: Probe on Marine Oil, Gas Hose Segment Ongoing

Parker Hannifin Corp. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that the investigations on Parker ITR’s marine oil and gas hose business are still ongoing.

Parker ITR is a subsidiary of…

PARKER HANNIFIN: Probe on Marine Oil, Gas Hose Segment Continues

The investigations on Parker ITR’s marine oil and gas hose business are ongoing.

Parker ITR is a subsidiary of Parker Hannifin Corp.

On April 27, 2007, a grand jury in the Southern District of Florida issued a subpoena to Parker ITR.…