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…

MUELLER INDUSTRIES: Appeals v. Junked Carrier Suit Still Pending

All appeals over the dismissal of the suit filed by Carrier Corporation, Carrier S.A., and Carrier Italia S.p.A. against Mueller Industries, Inc. and subsidiary, Mueller Europe, remain pending.

The Carrier Action was filed in March 2006, in the U.S. District…

CHATTEM INC: 26 Dexatrim-with-Ephedrine Liability Claims Settled

Chattem Inc., during the quarterly period ended Aug. 31, 2008, resolved for US$13.25 million all 26 individual claims alleging the development of pulmonary arterial hypertension as a result of ingesting Dexatrim containing ephedrine.

On Dec. 30, 2003, the U.S. Food…

CHATTEM INC: Phenylpropanolamine Ingestion Actions Still Pending

Complaints against Chattem, Inc. relating to ingestion of products containing phenylpropanolamine (PPA) remain pending.

The Company was named as a defendant in a number of lawsuits alleging that the plaintiffs were injured as a result of ingestion of products containing…

CHATTEM INC: Has $30M in Product Liability Insurance Funds

Chattem, Inc. maintains product liability insurance coverage in the amount of US$30 million through its captive insurance subsidiary for the current annual policy period beginning Sept. 1, 2008.

The Company maintains insurance coverage for product liability claims relating to its products…

CHATTEM INC: Faces 132 Claims, 3 Suits Due to ‘Icy Hot’ Products

Chattem, Inc. reports that as of Oct. 2, 2008, there were 132 consumers with pending claims and three product liability lawsuits have been filed against the Company alleging burns and skin irritation from the use of its Icy Hot Heat…

FEDEX CORP: Cooperating with Anti-Competition Agencies’ Probes

FedEx Corp. is cooperating with separate investigations being conducted by the Japan Fair Trade Commission, the Antitrust Division of the U.S. Department of Justice, the Australian Competition and Consumer Commission and the Korea Fair Trade Commission.

In July 2008, the…

BUCKEYE TECH: To Face K.T. Equipment’s Breach Claim in Tennessee

Buckeye Technologies, Inc. intends to defend against a breach claim filed by K.T. Equipment (International)(K.T.), Inc. in the U.S. District Court, Western District of Tennessee.

On Jan. 3, 2008, K.T. filed the claim, in which K.T. alleged that the Company breached…

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