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…

PARKER-HANNIFIN: Parker ITR Continues to Defend “Farrow” Suit

Parker ITR S.r.l. (Parker ITR), a subsidiary that Parker-Hannifin Corporation acquired on January 31, 2002, has been the subject of a number of lawsuits and regulatory investigations. The lawsuits and investigations relate to allegations that for a period of up…

H&R BLOCK: Settles Suit Over Mortgage Loans in Massachusetts

H&R Block, Inc., entered into a settlement agreement to resolve the lawsuit commenced by the Massachusetts Attorney General alleging unfair, deceptive and discriminatory origination and servicing of mortgage loans, the Company disclosed in its September 1, 2011, Form 10-Q filing…

H&R BLOCK: Injunction Hearing Over 2SS Deal to Occur This Month

A preliminary injunction hearing is set to occur this month in the lawsuit commenced by the United States Department of Justice over H&R Block, Inc.’s proposed acquisition of 2SS Holdings, Inc., the Company disclosed in its September 1, 2011, Form…

H&R BLOCK: Express IRA Litigation Remains Pending in Mississippi

H&R Block, Inc., continues to defend the remaining lawsuit over its former business related to individual retirement accounts, according to the Company’s September 1, 2011, Form 10-Q filing with the U.S. Securities and Exchange Commission for the quarter ended July…

H&R BLOCK: Appeal in RSM McGladrey Litigation Remains Pending

An appeal from the dismissal of a lawsuit against H&R Block, Inc., and its subsidiary remains pending, according to the Company’s September 1, 2011, Form 10-Q filing with the U.S. Securities and Exchange Commission for the quarter ended July 31,…

H&R BLOCK: Continues to Defend MBS-Related Suit in Illinois

H&R Block, Inc., continues to defend a lawsuit commenced by Federal Home Loan Bank of Chicago relating to mortgage-backed securities, according to the Company’s September 1, 2011, Form 10-Q filing with the U.S. Securities and Exchange Commission for the quarter…

LINEAR TECHNOLOGY: Derivative Suits in California Dismissed

Consolidated derivative lawsuits in California were dismissed following approval of the parties’ stipulation, Linear Technology Corporation disclosed in its August 24, 2011, Form 10-Q filing with the U.S. Securities and Exchange Commission for the year ended July 3, 2011.

Certain current…

WEBSTER FINANCIAL: Motion to Stay Broadwin Judgment Granted

The Court of Common Pleas, on June 16, 2011, granted the motion of Webster Bank to stay execution of the judgments related to the Broadwin project pending its appeal.

Webster Bank filed an appeal on April 6, 2011, in the Court…

ITT CORP: DOJ Dismisses Third Deferred Prosecution Agreement

ITT Corp. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that on April 12, 2011, the U.S. Department of Justice dismissed the deferred third count of the Deferred Prosecution Agreement.

The dismissal…

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