MONOLITHIC POWER: $7.4M Held in Escrow for TSE-Related Liability

Monolithic Power Systems, Inc. had US$7.4 million held in escrow as of Sept. 30, 2008, for which it could be liable subject to the outcome of certain legal activities with Taiwan Sumida Electronics, which are still pending in front of…

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…

VITESSE SEMICONDUCTOR: Still Pursues $100Mil Action v. KPMG, LLP

Vitesse Semiconductor’s lawsuit against its former auditing firm KPMG, LLP is still ongoing, according to the Company’s annual report filed with the Securities and Exchange Commission on Sept. 30, 2008.

On June 13, 2007, the Company filed a lawsuit in the…

VITESSE SEMICONDUCTOR: Dupuy’s Case Settled on April 4 in Calif.

Vitesse Semiconductor Corporation states that, on April 4, 2008, a lawsuit filed by Jamison John Dupuy (an individual shareholder of the Company) against the Company was settled on April 4, 2008.

On April 10, 2007, Mr. Dupuy filed the complaint (Case…

VITESSE SEMICONDUCTOR: New York State & SEC Probes Still Ongoing

Vitesse Semiconductor Corporation continues to cooperate with investigations instituted by office of the U.S. Attorney for the Southern District of New York and U.S. Securities and Exchange Commission’s Division of Enforcement.

In May 2006, the Company received a grand jury subpoena…

ACTIVISION BLIZZARD: SEC Probe on Stock Option Practices Ongoing

The U.S. Securities and Exchange Commission’s probe on Activision Blizzard, Inc.’s historical stock option grant practices is ongoing.

On July 24, 2006, the Company received a letter of informal inquiry from the SEC requesting certain documents and information.

In June 2007,…

ACTIVISION BLIZZARD: Calif. Derivative Cases Settled on July 28

A stipulation of dismissal of consolidated derivative actions involving Activision Blizzard, Inc. was filed in the Los Angeles Superior Court and signed by such court on July 28, 2008.

In July 2006, individuals and entities claiming to be the Company’s…