ALPHARMA INC: Facing Suit by King Pharma & Albert Acquisition

King Pharmaceuticals, Inc. and its wholly owned subsidiary Albert Acquisition Corp. filed with a Delaware court in September 2008 a lawsuit alleging that Alpharma Inc.’s directors breached their fiduciary duties in connection with the tender offer by plaintiffs to purchase…

ALPHARMA INC: Re-trial of Chicken Litter Suit Set in April 2009

Alpharma Inc. disclosed in its latest quarterly report on Form 10-Q filed with the Securities and Exchange Commission that the re-trial of the first case against its poultry company co- defendants in the Chicken Litter litigation is scheduled for April…

C.R. BARD: Health Dept. Probe on Brachytherapy Business Ongoing

C.R. Bard, Inc. is still working with the Department of Health and Human Services’ request for information related to the brachytherapy business of the Company’s Urological Division.

On Nov. 27, 2006, the Company’s Urological Division received the subpoena issued by the…

HONEYWELL INT’L: Favored in Automotive Latch Lawsuit on Sept. 30

The High Court of Justice, Queens Bench in London, on Sept. 30, 2008, issues a defense judgment in favor of Honeywell International Inc. in a lawsuit filed by Automotive Latch Systems Limited.

Plaintiff alleged breach of a joint development agreement under…

HONEYWELL INT’L: State Department Review of GG1320 Gyros Ongoing

Honeywell International Inc. is cooperating with the U.S. Department of State’s review on the Company’s GG1320 gyros and related inertial navigation systems.

In March 2008, the State Department advised the Company that it is reviewing the Company’s compliance with applicable U.S.…

CSX CORP: N.J. AG Halts Probe on Unit’s Fuel Surcharges in July

The New Jersey Office of the Attorney General, in July 2008, formally notified CSX Corp.’s principal operating company, CSX Transportation, Inc., that it had decided not to proceed with its investigation at this time.

In July 2007, CSXT received a…

GREAT ATLANTIC: Disputing CPS’s Termination of Lease Contract

The Great Atlantic & Pacific Tea Company, Inc. continues to dispute the validity of the notice of termination filed by the CPS Operating Company LLC for a leasehold assignment contract.

On August 14, 2007, Pathmark Stores, Inc. entered into a…

IDT CORP: Paid Less than $10.5M Award Under July 2008 Settlement

IDT Corporation and Alfred West, a former employee of the Company, on July 11, 2008 entered into a settlement agreement, under which Mr. West was paid an amount less than the US$10.5 million award.

On April 18, 2008, a federal jury…

IDT CORP: Bid to Reargue Appeal in Tyco Group’s Action Pending

IDT Corporation’s request for reargument of its appeal in a lawsuit involving IDT Corporation, Tyco Group, S.A.R.L., Tyco Telecommunications (US) Inc. (f/k/a TyCom (US) Inc.), Tyco International, Ltd., Tyco International (US) Inc., and TyCom Ltd., remains pending.

On May 5,…

IDT CORP: Remains Under Audit by European Taxing Authorities

IDT Corporation, in its Form 10-K dated Oct. 14, 2008, disclosed that the Company is subject to audits by different European taxing authorities, including audits relating to value added tax that it has not collected for calling cards sold to…

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