SAIC, Inc. continues to pursue its lawsuit against a state government customer seeking payment for certain technical services as a result of a dispute over the proper interpretation of contract pricing terms.
Although the amount of the claim, based on…
The lawsuit filed by the U.S. Department of Justice against SAIC, Inc. in September 2004 in the U.S. District Court for the District of Columbia is ongoing.
The lawsuit alleges civil False Claims Act violations and breach of contract on…
General Motors Corporation will continue to cooperate with the U.S. Securities and Exchange Commission’s investigation on the Company, according to its latest Quarterly Report filed with the SEC on Aug. 7, 2008.
The SEC has issued subpoenas and information requests to…
The suit filed by Telstra Corporation Limited against Telecom Corporation of New Zealand Limited’s subsidiary, PowerTel Limited, is still ongoing in the High Court of Australia.
Telstra is the principal supplier to the Company’s Australian operations.
Telstra is seeking a statement…
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…
The U.S. Securities and Exchange Commission and the U.S. Attorney’s Office for the Southern District of New York’s investigations regarding Affiliated Computer Services Inc.’s stock option grants remains ongoing.
On March 3, 2006, the Company received notice from the SEC that…
Affiliated Computer Services Inc. continues to cooperate with the U.S. Department of Justice and the U.S. Department of Labor in connection with their investigations regarding the Company and its subsidiaries’ Florida workforce contracts.
On Jan. 30, 2004, the Florida Agency…
The complaint filed by a former Pinellas County, Florida Assistant County Administrator against Affiliated Computer Services Inc. under the “Qui Tam” provisions of the False Claims Act is still ongoing.
On Jan. 3, 2003, the Complaint was filed under seal in…
The trial date schedule for Jan Brandin’s derivative lawsuit in connection with Affiliated Computer Services Inc.’s stock option grant practices pending before the Court of Chancery of the State of Delaware in and for New Castle County, is still pending.
The…
Affiliated Computer Services Inc. has made a settlement payment of US$6.5 million in fiscal year 2008 in its indemnification to Lockheed Martin Corporation.
The Company indemnified Lockheed Martin Corporation against certain specified claims from certain pre-sale litigation, investigations, government audits…