Richard D. Weinstein’s contract breach suit against an indirect subsidiary of Great Plains Energy Inc., KLT Telecom Inc., has been settled in March 2008.
KLT Telecom is an indirect subsidiary of the Company through KLT Inc.
Mr. Weinstein filed suit against KLT…
The Surface Transportation Board (STB), on May 16, 2008, ruled on the rate complaint case filed by Kansas City Power & Light Company, a wholly owned subsidiary of Great Plains Energy Inc., contesting Union Pacific Railroad Company’s rates for coal…
Health Net, Inc. continues its discussions with the New Jersey Department of Banking relating to the Company’s claims payment practices.
The Company was a subject of a regulatory investigation in New Jersey that relates principally to the timeliness and accuracy…
The settlement in principle of the Station nightclub litigation filed against Sealed Air Corp. and its subsidiary Sealed Air Corp. (US) is pending approval from the U.S. District Court for the District of Rhode Island.
The Company and its subsidiary…
Sealed Air Corp. has closed its internal investigation on travel and related expenses following the U.S. Department of Justice’s June 2008 closure of its inquiry.
In 2005, the Company identified travel and related expenses that had been paid by some…
The appeal filed by the plaintiffs in the complaint entitled Eagletech Communications Inc. et al. v. Citigroup, Inc. et al., naming Knight Capital Group, Inc. as a defendant, is pending.
On April 10, 2007, approximately 20 securities firms, including the Company,…
The U.S. Securities and Exchange Commission’s time to appeal from the ruling in its fraud suit against two former executives of Knight Securities, L.P. has not yet expired, according to Knight Capital Group, Inc.’s Form 10-Q dated Aug. 11, 2008.
KSLP…
Knight Capital Group, Inc. continues cooperating with the staff of the U.S. Securities and Exchange Commission and certain regional exchanges to resolve issues relating to options activities of its subsidiary, Knight Financial Products LLC.
In 2006, the Company received a request…
Knight Capital Group, Inc. expects that the National Adjudicatory Council of the Financial Industry Regulatory Authority will issue its decision before the end of 2008, on the appeals from the National Association of Securities Dealers Hearing Panel’s April 11, 2007…
The New Jersey Board of Public Utilities-approved adjustments to Atlantic City Electric Co.’s Non Utility Generation Charge (NGC) and the Societal Benefits Charge (SBC) will result in an overall rate decrease of approximately US$117.3 million over the period June 1,…