BORDERS GROUP: False Claims Act Lawsuit in Ill. Still Ongoing

Borders Group Inc. and Amazon.com Inc. continue to defend themselves from actions filed by a private litigant on behalf of the state of Illinois under the state’s False Claims Act on the failure to collect use taxes on Internet sales…

EMMIS COMMS: Challenges to License Renewal Bids Pending with FCC

Challenges to license renewal applications of certain of Emmis Communications Corp.’s stations remain pending before the Federal Communications Commission, according to the Company’s Form 10-Q dated Oct. 10, 2008.

During its fiscal quarter ended Aug. 31, 2004, the Company entered into…

EMMIS COMMS: Working w/ FCC on Sponsorship Identification Probe

Emmis Communications Corp. continues cooperating with the Federal Communications Commission’s investigation on sponsorship identification practices at certain of the Company’s radio stations.

In 2006, the FCC began an industry-wide inquiry into possible violations of sponsorship identification requirements and “payola” in the…