MICRON TECH: Still Facing Antitrust Suits by Attorneys-General

Micron Technology Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that the Company and other Dynamic Random Access Memory (DRAM) manufacturers continue to face antitrust law violations suits filed through…

NORFOLK SOUTHERN: Arbitration on Avondale Mills Suit Ongoing

Norfolk Southern Corporation’s arbitration against an insurance carrier, involving a settlement in the Avondale Mills case, is underway.

In April 2008, the Company settled the lawsuit brought by Avondale Mills for claims associated with the Jan. 6, 2005, derailment in Graniteville,…

MICRON TECHNOLOGY: Calif. AG Files Suit on Cartwright Law Breach

Micron Technology Inc. disclosed in its latest quarterly report on Form 10-Q filed with the Securities and Exchange Commission that on Oct. 3, 2008, the California Attorney General filed a lawsuit in California Superior Court, purportedly on behalf of local…

FORCE PROTECTION: Roxboro Contractor Faces Vendor’s $1.1M Claim

Force Protection, Inc., on Aug. 15, 2008, received a US$1.1 million notice of claim of lien for the balance of tooling supplied by a vendor to its prime contractor on the Roxboro Facility.

The Company has demanded that the prime…

FORCE PROTECTION: Officers Face Shareholders’ Derivative Suits

Force Protection, Inc.’s former and current officers or board members face derivative lawsuits filed by various alleged shareholders between March 27, 2008 and May 28, 2008.

The plaintiff shareholders are seeking damages for the Company.

The Company has been named a…

FORCE PROTECTION: Awaits OSHA Report on Dispute with Contractor

Force Protection, Inc. awaits a recommendation and report from the Occupational Safety and Health Administration (OSHA) investigator on a dispute with a temporary independent contractor.

On Feb. 8, 2008, the independent contractor whose services the Company had terminated filed a…

FORCE PROTECTION: Investigating Employees’ Complaints with EEOC

Force Protection, Inc. is investigating the allegations filed by certain employees with the U.S. Equal Employment Opportunity Commission.

From February 2007 through April 2008, the Company received a total of 68 complaints from current and former employees filed with the…

FORCE PROTECTION: Reports Further Unauthorized Transfers to DDTC

Force Protection, Inc., in its Form 10-Q dated Sept. 30, 2008, says it has reported to the Directorate of Defense Trade Controls (DDTC) additional unauthorized transfers of technical data, which the Company identified as a result of its export compliance…

PROGRESS ENERGY: PEC Began Recovery of GridSouth Costs Last July

Progress Energy Inc.’s subsidiary, Carolina Power & Light Company d/b/a Progress Energy Carolinas, Inc., began amortization and recovery of the wholesale portion of its GridSouth development costs in July 2008.

In 2000, the FERC issued Order 2000, which set minimum characteristics…