FORCE PROTECTION: Awaits OSHA Report on Dispute with Contractor

Force Protection, Inc. awaits a recommendation and report from the Occupational Safety and Health Administration (OSHA) investigator on a dispute with a temporary independent contractor.

On Feb. 8, 2008, the independent contractor whose services the Company had terminated filed a…

FORCE PROTECTION: Investigating Employees’ Complaints with EEOC

Force Protection, Inc. is investigating the allegations filed by certain employees with the U.S. Equal Employment Opportunity Commission.

From February 2007 through April 2008, the Company received a total of 68 complaints from current and former employees filed with the…

FORCE PROTECTION: Reports Further Unauthorized Transfers to DDTC

Force Protection, Inc., in its Form 10-Q dated Sept. 30, 2008, says it has reported to the Directorate of Defense Trade Controls (DDTC) additional unauthorized transfers of technical data, which the Company identified as a result of its export compliance…

TRANSOCEAN INC: Disputing Rio de Janeiro’s $153M Tax Assessments

Transocean Inc. continues to contest the US$153 million tax assessments from the state tax authorities of Rio de Janeiro, Brazil.

In the third quarter of 2006, the Company received the US$153 million tax assessments against one of the Company’s Brazilian…

TRANSOCEAN INC: Customs Matter on Sedco 710 Drilling Rig Ongoing

One of Transocean Inc.’s subsidiaries is involved in an action with respect to a customs matter relating to the Sedco 710 semisubmersible drilling rig.

Before the Company’s merger with Sedco Forex, this drilling rig, which was working for Petrobras in…

TRANSOCEAN INC: Industrial Complex Design Cases Ongoing v. Unit

One of Transocean Inc.’s subsidiaries is involved in lawsuits arising out of the subsidiary’s involvement in the design, construction and refurbishment of major industrial complexes.

The operating assets of the subsidiary were sold and its operations discontinued in 1989, and the…

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