CALPINE CORP: Trial for Panda Energy Action Set in January 2009

The suit entitled “Panda Energy International, Inc., et al. v. Calpine Corporation, et al.” is set for trial in January 2009 in the U.S. District Court for the Northern District of Texas.

Panda Energy filed its suit against Calpine Corp. and…

CALPINE CORP: Trial for Hawaii Structural’s Action Still Pending

There is still no trial date set in the suit entitled “Hawaii Structural Ironworkers Pension Fund v. Calpine, et al.”

The suit was filed in San Diego County Superior Court on March 11, 2003, and subsequently transferred to Santa Clara County…

AFFILIATED COMPUTER: Stock Option Investigations Still Ongoing

The U.S. Securities and Exchange Commission and the U.S. Attorney’s Office for the Southern District of New York’s investigations regarding Affiliated Computer Services Inc.’s stock option grants remains ongoing.

On March 3, 2006, the Company received notice from the SEC that…

AFFILIATED COMPUTER: Fla. Workforce Deals Probes Remain Ongoing

Affiliated Computer Services Inc. continues to cooperate with the U.S. Department of Justice and the U.S. Department of Labor in connection with their investigations regarding the Company and its subsidiaries’ Florida workforce contracts.

On Jan. 30, 2004, the Florida Agency…

AFFILIATED COMPUTER: False Claims Act Suit in Fla. Still Ongoing

The complaint filed by a former Pinellas County, Florida Assistant County Administrator against Affiliated Computer Services Inc. under the “Qui Tam” provisions of the False Claims Act is still ongoing.

On Jan. 3, 2003, the Complaint was filed under seal in…

AFFILIATED COMPUTER: Trial Date for Jan Brandin’s Suit Pending

The trial date schedule for Jan Brandin’s derivative lawsuit in connection with Affiliated Computer Services Inc.’s stock option grant practices pending before the Court of Chancery of the State of Delaware in and for New Castle County, is still pending.

The…

AFFILIATED COMPUTER: Paid $6.5M Over Lockheed Indemnification

Affiliated Computer Services Inc. has made a settlement payment of US$6.5 million in fiscal year 2008 in its indemnification to Lockheed Martin Corporation.

The Company indemnified Lockheed Martin Corporation against certain specified claims from certain pre-sale litigation, investigations, government audits…

AFFILIATED COMPUTER: Trial Date for Tex. Derivative Suit Pending

The trial date schedule for the consolidated derivative lawsuit captioned In Re Affiliated Computer Services, Inc. Derivative Litigation in the District Court of Dallas County, Texas, 193rd Judicial District, is still pending.

The District Court of Dallas County, Texas, 193rd Judicial…

AFFILIATED COMPUTER: Amended Derivative Lawsuit Pending in Tex.

The second amended derivative complaint in the consolidated case captioned In Re Affiliated Computer Services Federal Derivative Litigation filed against Affiliated Computer Services Inc. remains pending in the U.S. District Court for the Northern District of Texas.

Several derivative lawsuits have…

AFFILIATED COMPUTER: ERISA Suit Settlement Hearing Set in Oct.23

The final approval hearing by the U.S. District Court of Texas for the Northern District of Texas in the settlement of the consolidated lawsuit captioned In re Affiliated Computer Systems [sic] ERISA Litigation, Master File No. 3:06-CV-1592-M is set for…

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