AMBAC FINANCIAL: Louisiana Court Dismisses New Orleans Suit

Ambac Financial Group Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that on October 14, 2010, the U.S. District Court for the Eastern District of Louisiana dismissed the suit captioned…

MERCK & CO: Louisiana AG’s Case Trial Goes Ahead in MDL Proceeding

Merck & Co. Inc. disclosed in its latest Quarterly Report on Form 10-Q filed with the U.S. Securities and Exchange Commission that in the MDL proceeding of the Vioxx dispute, the parties and the court have agreed that the Louisiana…

MERCK & CO: Faces 10,625 Vioxx Lawsuits as of March 31, 2009

Merck & Co. Inc. disclosed in its latest Quarterly Report on Form 10-Q filed with the U.S. Securities and Exchange Commission that as of March 31, 2009, the Company had been served or was aware that it had been named…

MICRON TECH: Still Facing Antitrust Suits by Attorneys-General

Micron Technology Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that the Company and other Dynamic Random Access Memory (DRAM) manufacturers continue to face antitrust law violations suits filed through…

CENTERPOINT ENERGY: Disputes on Gas Cost Recovery Ongoing

CenterPoint Energy, Inc. disclosed in its latest annual report on Form 10-K filed with the U.S. Securities and Exchange Commission that the Company and certain of its subsidiaries continue to be involved in litigation over gas cost recovery.

In October 2004,…

IMPERIAL SUGAR: Disputes OSHA Citations, Penalties on Refineries

Imperial Sugar Company is contesting the U.S. Occupational Safety Health Administration’s (OSHA) citations and penalties over investigations on the Company’s Port Wentworth, Ga., and Gramercy, La., refineries.

OSHA and the U.S. Chemical Safety and Hazard Investigation Board (CSB) initiated investigations related…

TIDEWATER INC: No Accruals Recorded for FCPA Matters at Dec. 31

Tidewater Inc. says that, as of Dec. 31, 2008, no accrual has been recorded for matters over certain Foreign Corrupt Practices Act (FCPA) matters.

In its Form 10-K for its fiscal year ended March 31, 2008, the Company reported that special…

SHAW GROUP: Proceedings on Construction Contract Ongoing in La.

Proceedings by The Shaw Group Inc. to enforce a services contract award for the construction of two nuclear power plants in Asia is ongoing in both the host country and in the U.S. District Court for the Middle District of…

SHAW GROUP: IRS Appeal on Tax Return for Years 2002-2003 Pending

The Shaw Group Inc.’s appeal on the Internal Revenue Service’s tax returns for the 2002 and 2003 fiscal years is pending.

In connection with the regular examination of the Company’s U.S. Federal tax return by the IRS for the 2002 and…

SHAW GROUP: Del. Court’s Ruling in SAB Case Reversed on Dec. 30

The U.S. Court of Appeals for the Third Circuit, on Dec. 30, 2008, reversed the U.S. District Court for the District of Delaware’s ruling, which rendered a judgment against The Shaw Group Inc. and in favor of Saudi American Bank…

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