MCG Capital Corporation is appealing the Internal Revenue Service’s proposed changes to the Company’s tax returns for the 2004 and 2005 tax years.
In December 2007, the Company received an examination report from the IRS related to its audit of MGC’s…
Bank of America Corporation says that, on June 17, 2008, the U.S. District Court for the Southern District of New York dismissed 25 claims from a lawsuit filed by Adelphia Communications Corporation.
These claims include the majority of the fraudulent transfer…
The U.S. Securities and Exchange Commission’s probe on Activision Blizzard, Inc.’s historical stock option grant practices is ongoing.
On July 24, 2006, the Company received a letter of informal inquiry from the SEC requesting certain documents and information.
In June 2007,…
A stipulation of dismissal of consolidated derivative actions involving Activision Blizzard, Inc. was filed in the Los Angeles Superior Court and signed by such court on July 28, 2008.
In July 2006, individuals and entities claiming to be the Company’s…
The Chancery Court of the State of Delaware, on May 28, 2008, dismissed the actions in the consolidated lawsuit styled In re IAC/InterActiveCorp C.A. No. 3486-VCL., without prejudice.
Liberty Media Corporation controls IAC.
In January 2008, IAC, Barry Diller, Chairman of the…