HALLIBURTON CO: Reports Stanley’s Admission to Bid-rigging Acts

The Department of Justice, in September 2008, informed Halliburton Company and KBR Inc. that A. Jack Stanley admitted to bid-rigging, claimed that others knew about it, and stated that the DOJ feels it has a viable wire fraud case based…

HERLEY IND: USAO Actions on Possible Claims Settled in May 2008

Herley Industries, Inc., on May 5, 2008, entered into an agreement with the United States Attorney’s Office for the Eastern District of Pennsylvania to resolve the potential issues arising from the lawsuit threatened against the Company pursuant to, among other…

MUELLER INDUSTRIES: Breach Lawsuit v. Berkmans Remains Pending

Mueller Industries Inc.’s suit against Mr. Peter D. Berkman and Mr. Jeffrey Berkman for the alleged breach of fiduciary duties and contractual obligations remains pending.

On June 1, 2007, the Company filed a lawsuit in the Circuit Court of Dupage County,…

MUELLER INDUSTRIES: Review on Copper-Dumping Issue Ended in Aug.

The Canada Border Services Agency, on Aug. 27, 2008, completed a review process under which revised normal values were issued to exporters of subject goods, including Mueller Industries Inc.

In June 2006, the CBSA initiated an investigation into the alleged…

HALLIBURTON CO: Barracuda-Caratinga Arbitration v. KBR Ongoing

Halliburton Company’s KBR subsidiary continues to face Petrobras’ arbitration, which was commenced in March 2006, related to the Barracuda-Caratinga project.

The suit is claiming US$220 million plus interest for the cost of monitoring and replacing the defective bolts and all related…

HERLEY INDUSTRIES: Consolidated Derivative Action in Discovery

Parties to the consolidated derivative action filed against Herley Industries, Inc., have until January 2009 to complete discovery.

In July and August 2006, the Company and certain of its current and former officers and directors were served with two separate…

HALLIBURTON: Guilty Plea Entered by Stanley for FCPA Breach

Halliburton Company reports that in September 2008, A. Jack Stanley, who formerly served as a consultant and chairman of Kellogg Brown & Root LLC, pleaded guilty to conspiring to violate the U.S. Foreign Corrupt Practices Act (FCPA) in connection with…

UNITED TECH: Appeals v. Ruling on DOJ’s Pricing Suit Pending

United Technologies Corp.’s and the U.S. Department of Justice’s appeals on the Aug. 1, 2008 decision in the DOJ’s suit claiming that Pratt & Whitney violated the civil False Claims Act and common law are pending.

Pratt & Whitney is a…

EASYLINK SERVICES: Engaged in Disputes on N.Y. Sales Tax Audit

EasyLink Services International Corporation remains engaged in dispute in connection with a New York state sales tax audit completed in 2005 of EasyLink Services International, Inc., a dissolved subsidiary of EasyLink Services Corporation (ESC).

On Aug. 20, 2007, the Company completed…

UNITED TECH: May Face Complaint Related to KFTC’s Pricing Probe

A complaint regarding the Korean Fair Trade Commission’s installation subcontractor pricing investigation may be received sometime in 2009, according to United Technologies Corp.’s Form 10-Q dated Oct. 21, 2008.

In 2005, the Korean Fair Trade Commission conducted an inspection at…

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