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…

GENWORTH FINANCIAL: Receives Subpoena on Escheatment Probe in NY

Genworth Financial Inc., on June 22, 2011, received a subpoena from the office of the New York Attorney General, relating to an industry-wide investigation of unclaimed property and escheatment practices and procedures.

In addition to the subpoena, other state regulators are…

AVALONBAY: NY AO Appeal Over Avalon Christie Still Pending

AvalonBay Communities Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that the U.S. Attorney’s Office for the Southern District of New York is appealing a magistrate judge’s ruling regarding its…

NORFOLK SOUTHERN: Gets Demand Letter Over Fuel Surcharge Practice

Norfolk Southern Corp. disclosed that on March 3, 2010, the company received a Shareholder Litigation Demand Letter alleging that NS officers and directors breached fiduciary duties by causing NS to engage in anti-competitive practices relating to the use of fuel…

NORFOLK SOUTHERN: Arbitration on Avondale Mills Suit Ongoing

Norfolk Southern Corporation’s arbitration against an insurance carrier, involving a settlement in the Avondale Mills case, is underway.

In April 2008, the Company settled the lawsuit brought by Avondale Mills for claims associated with the Jan. 6, 2005, derailment in Graniteville,…

DYNCORP INT’L: Still Awaits Resolution in Defense Contract Case

DynCorp International Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that a non-compliance matter involving the Company and the Defense Contract Management Agency (DCMA) is pending resolution.

The DCMA formally notified…

DYNCORP INT’L: OIG Investigation on Iraqi Police Program Ongoing

DynCorp International Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that it is cooperating with the U.S. Department of State Office of Inspector General’s investigation relating to its Civilian Police…

DYNCORP INT’L: Appeal on Worldwide Network Case Filed on Feb. 2

DynCorp International Inc. filed an appeal on Feb. 2, 2009, with respect to a ruling issued by a jury in the Eastern District of Virginia in a case brought by a former subcontractor, Worldwide Network Services (WWNS), the Company disclosed…

DYNCORP INT’L: Consolidated Plant Crops Lawsuit Ongoing in D.C.

DynCorp International Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that a consolidated lawsuit filed against DynCorp International LLC, over the spraying of narcotic plant crops along the Colombian border…

DYNCORP INT’L: 26 Ecuador Residents’ Suit in D.C. Still Ongoing

DynCorp International Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that a lawsuit filed on behalf of 26 residents of the Sucumbios Province in Ecuador against the Company and several…

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