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…

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…

CHINA SOUTHERN: Rejection of Agents’ HK$107MM Claim Finalized

China Southern Airlines Company Limited disclosed in its latest annual report on Form 20-F filed with the U.S. Securities and Exchange Commission that the verdict brought in by the High People s Court of Guangdong Province rejecting the HK$107 million…

CHINA EASTERN: Faces Lawsuit in Beijing over Mongolia Plane Crash

China Eastern Airlines Corp. Ltd. disclosed in its latest annual report on Form 20-F filed with the U.S. Securities and Exchange Commission that it faces a lawsuit related to a 2004 plane crash in the Beijing No. 2 Intermediate People…

CHINA YUCHAI: Subsidiary Pursuing Counterclaim Against ICBC

Yuchai Express Guarantee Co., Ltd. filed a counterclaim for RMB8.0 million against Industrial Commercial Bank of China to recover the guarantee deposit amount, alleging that a particular loan agreement, and accordingly, its guarantee was void.

The matter was heard on April…

MUELLER INDUSTRIES: Review on Copper-Dumping Issue Ended in Aug.

The Canada Border Services Agency, on Aug. 27, 2008, completed a review process under which revised normal values were issued to exporters of subject goods, including Mueller Industries Inc.

In June 2006, the CBSA initiated an investigation into the alleged…

CHINA INFRASTRUCTURE: Facing Pinglin Subcontractors’ Claims

China Infrastructure Investment Corp., as the fifth defendant, continues to face the case filed by the subcontractors Hujianting and Hefeiyue relating to the Pinglin Expressway No. 2 road connection project.

On June 27, 2007, China railway No. 5 bureau, the contractor…

CHINA INFRASTRUCTURE: Aims to Recover $1.8M Paid to Pingdingshan

China Infrastructure Investment Corp. is working to recover the amount paid to purchase a land use right from Pingdingshan No. 3 Cement Factory.

The Company entered into an agreement to purchase a land use right from Pingdingshan No. 3 Cement…

ACTIVISION BLIZZARD: SEC Probe on Stock Option Practices Ongoing

The U.S. Securities and Exchange Commission’s probe on Activision Blizzard, Inc.’s historical stock option grant practices is ongoing.

On July 24, 2006, the Company received a letter of informal inquiry from the SEC requesting certain documents and information.

In June 2007,…

ACTIVISION BLIZZARD: Calif. Derivative Cases Settled on July 28

A stipulation of dismissal of consolidated derivative actions involving Activision Blizzard, Inc. was filed in the Los Angeles Superior Court and signed by such court on July 28, 2008.

In July 2006, individuals and entities claiming to be the Company’s…

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