WESCO International Inc. remains a co-defendant in a lawsuit filed in a state court in Indiana in which a customer alleges that the Company sold defective products manufactured or remanufactured by others.
The customer seeks monetary damages in the amount of…
Lear Corporation had a balance of US$23.2 million in product warranty liabilities as of April 4, 2009.
In the event that use of the Company’s products results in, or is alleged to result in, bodily injury and/or property damage or other…
Lear Corporation disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that as of April 4, 2009 and Dec. 31, 2008, it had recorded reserves for pending legal disputes, including commercial disputes…
Lear Corporation is facing lawsuit filed by The Royal Bank of Scotland plc ( RBS ) in the U.S. District Court for the Southern District of New York alleging breach of contract, the company disclosed in its latest quarterly report…
Pepco Holdings, Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that on March 5, 2009, the District of Columbia Public Service Commission (DCPSC) issued an order approving Potomac Electric Power…
WESCO International, Inc. is still a co-defendant in a lawsuit filed in a state court in Indiana in which a customer alleges that the Company sold defective products manufactured or remanufactured by others.
The customer seeks monetary damages in the amount…
General Electric Company could face a civil injunctive action by the U.S. Securities and Exchange Commission over a possible violations of securities laws.
In September 2008, the SEC staff issued a “Wells notice” advising the Company that it is considering recommending…
The U.S. Securities and Exchange Commission’s investigation on the use of hedge accounting for derivatives by General Electric Company and General Electric Capital Corporation is ongoing.
In January 2005, the SEC staff informed the Company that that it had commenced an…
AVX Corporation’s lawsuit against Cabot Corporation, concerning alleged breaches of pricing provisions, is pending in the Massachusetts Superior Court.
On Sept. 6, 2005, the Company sued Cabot, in which the suit arises out of allegations that Cabot breached certain pricing provisions…
Consolidated shareholder derivative complaints, in which ScanSource, Inc. is a nominal defendant, are ongoing in the U.S. District Court for the District of South Carolina in Greenville, S.C.
On Jan. 26, 2009, the Court granted in part and denied in part…