COSTCO WHOLESALE: Merchandise-Handling Probe Ongoing in Calif.

Costco Wholesale Corp. disclosed in its latest Quarterly Report on Form 10-Q filed with the U.S. Securities and Exchange Commission that it continues to cooperate with the U.S. Attorney’s Office for the Central District of California in its inquiry into…

YUM! BRANDS: Arbitration in Boskovich Dispute Set in September

YUM! Brands Inc. disclosed in its latest annual report on Form 10- K filed with the U.S. Securities and Exchange Commission that an arbitration is currently scheduled for September 2009 on Boskovich Farms Inc.’s complaint against Taco Bell Corp.

On March…

EBAY INC: Still Facing Brand Owners’ Counterfeit Liability Suits

eBay Inc. disclosed in its latest annual report on Form 10-K filed with the U.S. Securities and Exchange Commission that continues to defend itself against lawsuits filed by luxury brand owners seeking to hold the Company liable for alleged counterfeit…

GOODYEAR TIRE: Inquiry on Closure of Ontario Facility Terminated

The Antitrust Division of the U.S. Department of Justice, in December 2008, notified The Goodyear Tire & Rubber Company that a grand jury investigation concerning the closure of a portion of its former Bowmanville, Ontario, Canada, conveyor belting plant has…

GOODYEAR TIRE: Cites $175Mil for Entran II Liability at Dec. 31

The Goodyear Tire & Rubber Company, as of Dec. 31, 2008, derecognized US$175 million of the liability and the related amount of restricted cash from its Consolidated Balance Sheet, involving a rubber hose product, Entran II.

On June 4, 2004, the…

GOODYEAR TIRE: Probes on Marine Hose Price Fixing Still Ongoing

The Goodyear Tire & Rubber Company is cooperating with the probes by the U.S. Department of Justice (Antitrust Division), European antitrust authorities, and the Brazilian antitrust authority into the marine hose industry.

In May 2007, the DOJ announced that it had…

INTERCONTINETALEXCHANGE INC: N.Y. Appeals Court Junks Altman Bid

IntercontinentalExchange Inc. disclosed in its latest annual report on Form 10-K filed with the U.S. Securities and Exchange Commission that on Jan. 20, 2009, the New York Court of Appeals denied a motion by the Permit Holders for leave to…

GOLDMAN SACHS: Refco Inc. Securities Lawsuit Dismissed on Jan. 7

The U.S. District Court for the Southern District of New York, on Jan. 7, 2009, dismissed the Refco Inc. securities lawsuit, which involved The Goldman Sachs Group, Inc.

The purported shareholder derivative action was filed on Nov. 2, 2005 on behalf…

GOLDMAN SACHS: eToys’ Suit on IPO Underpricing Pending in N.Y.

eToys, Inc.’s lawsuit over the initial public offering against GS&Co., a subsidiary of The Goldman Sachs Group, Inc., is pending.

GS&Co. has been named as a defendant in an action commenced on May 15, 2002 in New York Supreme Court, New…

BORDERS GROUP: False Claims Act Lawsuit in Ill. Still Ongoing

Borders Group Inc. and Amazon.com Inc. continue to defend themselves from actions filed by a private litigant on behalf of the state of Illinois under the state’s False Claims Act on the failure to collect use taxes on Internet sales…

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