AvalonBay Communities, Inc. faces a civil complaint alleging that Avalon Chrystie Place was not designed and constructed in accordance with the accessibility requirements of the Fair Housing Act.
On May 27, 2008, the Company received a letter from the U.S. Attorney’s…
Conectiv, a wholly owned subsidiary of Pepco Holdings, Inc., continues to protest the disallowance of its “like-kind exchange” transaction to the U.S. Office of Appeals of the Internal Revenue Service.
In 2001, Conectiv and certain of its subsidiaries (the Conectiv…
Trial in Malcolm Drilling Company, Inc.’s complaint against Lido Casino Resort, LLC, formerly a wholly owned subsidiary of Las Vegas Sands Corp., and Taylor International Corp. will resume in early November 2008 or earlier if the U.S. District Court of…
Raymond James Financial Incorporated’s primary broker dealers, Raymond James & Associates (RJA) and Raymond James Financial Services, Inc. (RJFS) remain subject to ongoing examinations by the U.S. Securities and Exchange Commission and the New York Attorney General’s Office.
The investigations…
Several shareholder derivative actions are still pending against Marsh & McLennan Companies, Inc.’s current and former directors and officers.
Most of these actions have been consolidated into two proceedings, one in the Court of Chancery of the State of Delaware,…
CACI International Inc.’s appeal from its dismissed summary judgment motion in the Company’s lawsuit against its insurance carrier remains pending.
On March 14, 2008, the Company sued its insurance carrier to seek reimbursement of the defense costs it has incurred…
The State of Connecticut’s lawsuit against Marsh & McLennan Companies, Inc.’s subsidiary, Guy Carpenter, is ongoing.
In October 2007, the State brought a civil action against Guy Carpenter in Connecticut state court, alleging that Guy Carpenter violated the state’s antitrust and…
Marsh & McLennan Companies, Inc. continues to be involved in litigation concerning its former subsidiary Putnam Investments Trust.
On Aug. 3, 2007, Great-West Lifeco Inc. completed its purchase of Putnam. Under the terms of the stock purchase agreement with GWL, the…
CACI International Inc. intends to file on Oct. 31, 2008, a brief intervening in the plaintiff’s appeal of the U.S. District Court for the District of Columbia’s decision granting Titan Corporation’s summary judgment motion.
The lawsuit, styled Ibrahim, et al.…
Delmarva Power & Light Company, a subsidiary of Pepco Holdings, Inc., is in discussions with A&N Electric Cooperative to resolve a dispute in the final true-up amounts for the sale of a retail electric distribution business.
In January 2008, DPL completed:
(1)…