CENTERPOINT ENERGY: CERC’s Natural Gas Measurement Suit Ongoing

CenterPoint Energy, Inc. disclosed in its latest annual report on Form 10-K filed with the U.S. Securities and Exchange Commission that CenterPoint Energy Resources Corp. (CERC Corp.), and certain of its subsidiaries face a lawsuit filed in 1997 under the…

CENTERPOINT ENERGY: Unit to Appeal on Storage Facility Matter

CenterPoint Energy, Inc. disclosed in its latest annual report on Form 10-K filed with the U.S. Securities and Exchange Commission that CenterPoint Energy Gas Transmission Company (CEGT), plans to appeal through the Oklahoma court system any judgment that imposes liability…

CENTERPOINT ENERGY: Gas Mismeasurement Suits Pending in Kans.

CenterPoint Energy, Inc. disclosed in its latest annual report on Form 10-K filed with the U.S. Securities and Exchange Commission that CenterPoint Energy Resources Corp. (CERC Corp.) and certain of its subsidiaries face two mismeasurement lawsuits brought against about 245…

WEATHERFORD INT’L: Oil-For-Food Program Inquiries Still Ongoing

The U.S. Securities and Exchange Commission and the U.S. Department of Justice’s probes into Weatherford International Ltd.’s participation in the United Nations oil-for-food program are ongoing.

The Company participated in the program governing sales of goods and services into Iraq.

The SEC…

WEATHERFORD INT’L: U.S. Probes on Improper Product Sales Ongoing

Weatherford International Ltd. is cooperating with the U.S. Department of Commerce, Bureau of Industry & Security and the U.S. Department of Justice’s investigations of alleged improper sales of products and services by the Company and its subsidiaries in sanctioned countries.

The…

WEATHERFORD INT’L: $47M Legal, Compliance Fees Incurred in 2008

Weatherford International, Ltd., during 2008, incurred US$47 million in legal and professional fees in connection with complying and conducting investigations.

During 2008, the Company incurred US$56 million for costs incurred in connection with its exit from sanctioned countries.

The U.S. Department of…

WEATHERFORD INT’L: Embezzlement Inquiry at European Unit Ongoing

Weatherford International Ltd.’s investigations over the embezzlement of about US$175,000 at a European subsidiary are ongoing.

With the assistance of outside counsel and in connection with U.S. government investigations and subpoenas, the Company is conducting the embezzlement investigations and the possible…

NOBLE ENERGY: Trial in Dore Energy’s Lawsuit Slated for April 27

Noble Energy, Inc. says that trial on a lawsuit filed by Dore Energy Corporation is currently set for April 27, 2009.

The Company is among a group of 18 defendants named in the lawsuit filed Aug. 23, 2002 by Dore under…

CONTINENTAL AIR: Travel Firms’ Appeal on Dismissed Suit Pending

Certain travel agencies’ appeal over the dismissal of their consolidated lawsuit filed against Continental Airlines, Inc. and several other air carriers is still pending before the Sixth Court of Appeals.

During the period between 1997 and 2001, the Company reduced or…

AMR CORP: Cooperates w/ Various Probes in U.S., Other Countries

AMR Corporation continues to cooperate with various probes initiated by various United States and international government agencies.

On Feb. 14, 2006, the Antitrust Division of the U.S. Department of Justice served the Company with a grand jury subpoena as part of…

Page 5 of 20« First...«34567»...Last »