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…

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…

ORACLE CORP: Faces Another Derivative Suit Over Overcharges

Oracle Corporation is facing another stockholder derivative lawsuit relating to the allegations that the Company overcharged the United States Government by failing to provide discounts, according to the Company’s September 23, 2011, Form 10-Q filing with the U.S. Securities and…

TECH DATA: Awaits Ruling on Motion to Clarify in CIDE Tax Suit

Tech Data Corporation is awaiting a court decision on its Brazilian subsidiary’s motion for clarification of a ruling relating to the so-called “CIDE tax,” according to the Company’s September 1, 2011, Form 10-Q filing with the U.S. Securities and Exchange…

CISCO SYSTEMS: Import Tax Claims vs Brazilian Unit Ongoing

Cisco Systems, Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that its Brazilian subsidiary are facing claims from Brazilian tax authorities based on a theory of joint liability with the…

CISCO SYSTEMS: Facing Suits for False Statements in Earning Calls

Cisco Systems, Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that beginning in April 2011, purported shareholder derivative lawsuits were filed in both the U.S. District Court for the Northern…

LEXMARK INTERNATIONAL: Appeals in Sagem Lawsuit Still Pending

Lexmark International Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that appeals of parties in Sagem Communications’s lawsuit to the Geneva Court of Appeals the dismissal of their respective claims…

INGRAM MICRO: To Dispute Sao Paulo Tax Assessment on Brazil Unit

Ingram Micro Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that it intends to pursue administrative and judicial action to challenge the Sao Paulo Municipal Tax Authorities’ assessment in December…

INGRAM MICRO: Tax Action on Imported Software Ongoing in Brazil

Ingram Micro Inc. disclosed in its latest annual report on Form 10-K filed with the U.S. Securities and Exchange Commission that it continues to pursue administrative and judicial action challenging the current and any subsequent commercial tax assessments against its…

DELL INC: Inks Settlement with SEC on Fin’l Reporting Matters

Dell Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that on On July 22, 2010, the reached a settlement with the SEC resolving the its investigation into the company’s disclosures…

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