PFIZER INC: New York Court Approves Settlement on Derivative Suit

The U.S. District Court for the Southern District of New York granted in April 2011 final approval of the settlement agreement with regards to In re Pfizer Inc. Shareholder Derivative Litigation, the company disclosed in its latest quarterly report on…

PFIZER INC: Tax Years 2006-2008 Under US IRS Audit

The U.S. Internal Revenue Service (IRS) is currently auditing the 2006, 2007 and 2008 tax years for Pfizer Inc, the company disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission.

The 2009 through…

EMPIRE RESORTS: Bryanston Recapitalization Suit Still Ongoing

Empire Resorts, Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that the lawsuit captioned Bryanston Group v. Empire Resorts, Inc. is still pending in the Supreme Court of The State…

SAGEBRUSH GOLD: New York Court Orders Shannon Briggs Arbitration

Sagebrush Gold Ltd. disclosed in its latest quarterly report on

Form 10-Q filed with the U.S. Securities and Exchange Commission

that on May 3, 2011, the Supreme Court of the State of New York

entered an order compelling arbitration of the Shannon Briggs’s

(plaintiff)…

AMBAC FINANCIAL: State Derivative Suit Remains Stayed in New York

Ambac Financial Group Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that the consolidated suit captioned In re Ambac Financial Group, Inc. Shareholder Derivative Litigation, Consolidated Index No. 650050/2008E remains…

AMBAC FIN’L: Motion to Dismiss Amended Complaint Pending in NY

Ambac Financial Group Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that a motion to dismiss an amended complaint captioned In re Ambac Financial Group, Inc. Derivative Litigation, Lead Case…

AVALONBAY: NY AO Appeal Over Avalon Christie Still Pending

AvalonBay Communities Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that the U.S. Attorney’s Office for the Southern District of New York is appealing a magistrate judge’s ruling regarding its…

FLOWSERVE CORP: Iraq’s Suit on UN Oil-for-Food Program Ongoing

Flowserve Corp. disclosed in its Form 10-Q filing with the U.S.

Securities and Exchange Commission for the quarter ended June 30,

2010, that a civil filed by the Republic of Iraq relating to the

United Nations Oil-for-Food Program is still ongoing.

On June 27,…

AVON PRODUCTS: Awaits Decision for Brazilian Tax Assesments

Avon Products Inc. says in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that it is currently awaiting decisions at the first administrative level for the 2002 assessment and at the second administrative…

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…

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