OMNICARE INC: Continues to Defend Consolidated Derivative Suit

Omnicare, Inc., continues to defend a consolidated shareholder derivative lawsuit pending in Kentucky, according to the Company’s October 25, 2011, Form 10-Q filing with the U.S. Securities and Exchange Commission for the quarter ended September 30, 2011.

On February 13, 2006,…

CISCO SYSTEMS: Defends Derivative Suits in California

Cisco Systems, Inc., continues to defend shareholder derivative lawsuits pending in California, according to the Company’s September 14, 2011, Form 10-K filing with the U.S. Securities and Exchange Commission for the year ended July 30, 2011.

Beginning in April 2011, purported…

ORACLE CORP: In Negotiations With DOJ to Resolve Qui Tam Action

Oracle Corporation is currently engaged in settlement negotiations to resolve the qui tam action commenced by the United States Department of Justice, the Company disclosed in its September 23, 2011, Form 10-Q filing with the U.S. Securities and Exchange Commission…

FEDEX CORP: Appeal in Suit Filed by ATA Airlines Remains Pending

FedEx Corporation’s appeal from a verdict awarding ATA Airlines damages of $66 million remains pending, the Company disclosed in its September 23, 2011, Form 10-Q filing with the U.S. Securities and Exchange Commission for the quarter ended August 31, 2011.

As…

ORACLE CORP: Faces Another Derivative Suit Over Overcharges

Oracle Corporation is facing another stockholder derivative lawsuit relating to the allegations that the Company overcharged the United States Government by failing to provide discounts, according to the Company’s September 23, 2011, Form 10-Q filing with the U.S. Securities and…

TESORO CORP: Still Defends Suit Related to April 2010 Fire

Tesoro Corporation is defending a lawsuit brought by the estates and families of its employees, who died in a fire incident in its Washington refinery, the Company disclosed in its August 8, 2011, Form 10-Q filing with the U.S. Securities…

REYNOLDS AMERICAN: Defends 139 Smoking and Health Suits in U.S.

As of June 30, 2011, 139 individual cases were pending in the United States of America against Reynolds American Inc.’s subsidiaries, R. J. Reynolds Tobacco Company (RJR Tobacco), Brown & Williamson Holdings, Inc. (B&W), as its indemnitee, or both, the…

REYNOLDS AMERICAN: “St. Louis” Cost Recovery Suit Dismissed

In City of St. Louis v. American Tobacco Co., Inc., filed in November 1998, in the Circuit Court of the City of St. Louis, Missouri, hospitals sought recovery of uncompensated, unreimbursed health-care costs expended or to be expended on behalf…

DEVELOPERS DIVERSIFIED: Court Enters Summary Judgment v. Coventry

The Court of Common Pleas, Cuyahoga County, Ohio, granted in August 2011 Developers Diversified Realty Corporation’s motion for summary judgment, finding that certain Coventry entities did not have the right to terminate the parties’ management agreements for cause, the Company…

DILLARD’S INC: Entry of Final Judgment in “Harben” Suit Stayed

The entry of a final judgment in the derivative lawsuit commenced by Steven Harben remains stayed, according to Dillard’s, Inc.’s September 2, 2011, Form 10-Q filing with the U.S. Securities and Exchange Commission for the quarter ended July 30, 2011.

On…

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