SANMINA-SCI: Facing Non-U.S. Gov’t. Claim for Bookkeeping Breach

Sanmina-SCI Corporation faces a non-United States governmental entity’s claim, which asserts that the Company did not comply with bookkeeping rules in accordance with applicable tax regulations.

The Company has provided documents that it said it believes demonstrates its compliance with these…

SANMINA-SCI: Hearing in Federal Derivative Case Set for Feb. 27

Sanmina-SCI Corporation says that a preliminary settlement approval hearing is presently scheduled in a federal shareholder derivative case for Feb. 27, 2009.

The Company is a so-called “nominal defendant” party to multiple shareholder derivative lawsuits that were filed following the Company’s…

SANMINA-SCI: Calif. USAO Historical Stock Options Probe Ongoing

Sanmina-SCA Corporation is cooperating with the U.S. Attorney for the Northern District of California’s probe into the Company’s historical stock option administration practices.

The U.S. Securities and Exchange Commission and the U.S. Attorney had been conducting such investigations. The SEC has…