HEALTHSOUTH CORP: Nichols’ Suit Stayed in Alabama Circuit Court

HealthSouth Corporation says that the lawsuit styled Nichols v. HealthSouth Corp. (CV-03-2-23) is currently stayed in the Circuit Court of Jefferson County, Ala.

The Company, on March 28, 2003, has been named as a defendant in a lawsuit brought by individuals…

HEALTHSOUTH CORP: UBS Settlement Affirmed on Jan. 13 in Alabama

The Circuit Court of Jefferson County, Ala., on Jan. 13, 2009, entered an order approving the UBS Settlement under which the Company received US$100 million in cash and a release of all claims by the UBS entities.

That order also awarded…

HEALTHSOUTH CORP: Lloyd Nolan Case Pending in Bessemer Division

HealthSouth Corporation says that the lawsuit styled The Lloyd Noland Foundation v. HealthSouth Corporation (Case No. CV-2004- 1638) remains pending in the Circuit Court for Jefferson County, Ala., Bessemer Division (Bessemer Case).

The Circuit Court has not yet set a trial…

HEALTHSOUTH CORP: United HealthCare’s Arbitration Filed March 19

United HealthCare Services, Inc. and certain affiliates (United), on March 19, 2009, filed an initial arbitration demand with the American Arbitration Association against the Company relating to disputes over therapy service claims paid from 1997 through 2003.

United alleges that during…

HEALTHSOUTH CORP: Still Involved in Litigation w/ Ernst & Young

HealthSouth Corporation continues to be involved in litigation with its former independent auditor, Ernst & Young.

In March 2003, claims on behalf of the Company were brought in the Tucker derivative litigation against Ernst & Young, alleging that from 1996 through…

NOVARTIS AG: Units Still Facing Average Wholesale Price Actions

Various pharmaceutical companies, including Novartis AG subsidiaries, face cases that allege the fraudulent overstatement of Average Wholesale Price and “best price.”

The AWP and “best price” are, or have been, used by the U.S. federal and state governments in the calculation…

GAMESTOP CORP: Awaits Trial for Strickland’s Wrongful Death Suit

GameStop Corp. awaits the setting of the trial date for the wrongful death suit styled Strickland, et al vs. Sony, et al in the Circuit Court of Fayette County, Alabama, the Company disclosed in its latest Quarterly Report on Form…

SYNCORA HOLDINGS: Suit v. Ala. County Over Sewer System Ongoing

Syncora Holdings Ltd.’s subsidiary, Syncora Guarantee Inc., and other parties, on or around Sept. 16, 2008, filed a lawsuit against Jefferson County, Ala., and its current commissioners over the County’s sewer system.

Syncora Guarantee, together with the trustee under the indenture…

DOLLAR TREE: Female Store Managers’ Action Still Ongoing in Ala.

Dollar Tree, Inc. continues to face the lawsuit served in 2008 and filed in federal court in the state of Alabama by one present and one former store manager who are both females.

The action is alleging that the plaintiffs…

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