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…

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…

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…

PARKER HANNIFIN: Pays US$626,000 Fine as Settlement in Australia

Parker Hannifin Corp. disclosed in its latest annual report on Form 10-K filed with the U.S. Securities and Exchange Commission that the company has paid a fine as settled with the Australian Competition and Consumer Commission (ACCC).

The Australian Competition and…

PARKER HANNIFIN: Facing Douglas Farrow Suit in California

Parker Hannifin Corp. disclosed in its latest annual report on Form 10-K filed with the U.S. Securities and Exchange Commission that the company is facing False Claims Act lawsuit entitled, The United States of America ex rel. Douglas Farrow v.…

PARKER HANNIFIN: Probe on Parker ITR Ongoing in Brazil

Parker Hannifin Corp. disclosed in its latest annual report on Form 10-K filed with the U.S. Securities and Exchange Commission that the Brazilian competition authorities’ investigation is ongoing and the Company and Parker ITR continue to cooperate.

In Brazil, Parker ITR…

PARKER HANNIFIN: Appeal on European Commission Ruling Pending

Parker Hannifin Corp. disclosed in its latest annual report on Form 10-K filed with the U.S. Securities and Exchange Commission that the company’s appeal on a European Commission ruling regarding Parker ITR is still pending.

Parker ITR is a subsidiary of…

TEREX CORP: US DOJ Concludes Antitrust Investigation

Terex Corp. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that on July 2, 2010, the company received notification from the U.S. Department of Justice that the criminal antitrust investigation of…

FLOWSERVE CORP: French Probe on UN Oil-for-Food Part Ongoing

Flowserve Corp. disclosed in its Form 10-Q filing with the U.S.

Securities and Exchange Commission for the quarter ended June 30,

2010, that a French investigation relating to products that one of

the company’s French subsidiaries delivered to Iraq from 1996

through 2003 under…

FLOWSERVE CORP: Court Okays Securities Violations Settlement

Flowserve Corp. disclosed in its Form 10-Q filing with the U.S.

Securities and Exchange Commission for the quarter ended June 30,

2010, that on May 11, 2010, the U.S. District Court for the

Northern District of Texas entered an order granting final

approval of…

Page 1 of 912345»...Last »