Marsh & McLennan Companies, Inc. and subsidiary Marsh Inc.’s motion to dismiss claims in a shareholder derivative suit involving American International Group, Inc. is ongoing.
A shareholder derivative suit pending in the Delaware Court of Chancery against the directors and officers…
AvalonBay Communities, Inc. faces a civil complaint alleging that Avalon Chrystie Place was not designed and constructed in accordance with the accessibility requirements of the Fair Housing Act.
On May 27, 2008, the Company received a letter from the U.S. Attorney’s…
Raymond James Financial Incorporated’s primary broker dealers, Raymond James & Associates (RJA) and Raymond James Financial Services, Inc. (RJFS) remain subject to ongoing examinations by the U.S. Securities and Exchange Commission and the New York Attorney General’s Office.
The investigations…
Several shareholder derivative actions are still pending against Marsh & McLennan Companies, Inc.’s current and former directors and officers.
Most of these actions have been consolidated into two proceedings, one in the Court of Chancery of the State of Delaware,…
The State of Connecticut’s lawsuit against Marsh & McLennan Companies, Inc.’s subsidiary, Guy Carpenter, is ongoing.
In October 2007, the State brought a civil action against Guy Carpenter in Connecticut state court, alleging that Guy Carpenter violated the state’s antitrust and…
Marsh & McLennan Companies, Inc. continues to be involved in litigation concerning its former subsidiary Putnam Investments Trust.
On Aug. 3, 2007, Great-West Lifeco Inc. completed its purchase of Putnam. Under the terms of the stock purchase agreement with GWL, the…
The criminal charges filed by the Paraguay public attorney’s office against Bunge Limited’s Paraguayan and Brazilian subsidiaries, Bunge Paraguay S.A. and Bunge Alimentos S.A., and nine employees of these subsidiaries, are pending.
In February 2008, an attorney with Paraguay’s public…
Bunge Limited recorded a US$21 million other expense for the second quarter of 2008 which included primarily a provision of US$19 million for an adverse ruling received during the quarter.
The ruling relates to a Brazilian social security claim tax against…
Bunge Limited reserved US$164 million as of June 30, 2008, regarding the civil and other claims that relate to various disputes with suppliers, customers and other third parties.
The Company has incurred certain costs relating to crude sunflower oil supplied to…
Bunge Limited is cooperating with the European Commission’s investigation commenced in July 2008 into whether certain traders and distributors of cereals and other agricultural products in the E.U. have infringed European competition laws.
On July 10, 2008, the European Commission…