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Archive for the 'Legal woes' Category

Toyota in the filings…

Wednesday, February 24th, 2010

Earlier today, we looked at Toyota’s own disclosures about the massive recall. But there’s also been a number of other companies that are disclosing all sorts of things related to the recall.
Among them was CTS (CTS), which disclosed in the 10-K that it filed yesterday that it too had received subpoenas. Here’s a snip from [...]

Did Toyota wait too long to disclose its subpoena?

Wednesday, February 24th, 2010

This morning, a lot of attention will be focused on Toyota Motors (TM) CEO Akio Toyoda, who will start testifying around 11 am est before the House Oversight Committee. Given this, we decided to take a look at both Toyota’s recent filings and those of some other companies and came up with some interesting [...]

Krispy Kreme and doughnut sludge…

Thursday, December 10th, 2009

From the earliest days of footnoted, we’ve had something of a soft spot for Krispy Kreme (KKD). Since that post in September 2003, the stock has dropped over 90%. Given this, we tend to pay a bit closer attention to their filings.
So when they filed their 10-Q earlier this week, we took a bit closer [...]

Wal-Mart settles wage and hour claims for $40 million…

Wednesday, December 9th, 2009

For the second time in the past week, a major corporation has settled a lawsuit for $40 million. As we footnoted last week, Dell (DELL) quietly disclosed in its Q that it had settled a shareholder lawsuit for $40 million. And then yesterday, Wal-Mart Stores (WMT) disclosed in its 10-Q that on Oct. 19 it [...]

Dell quietly settles shareholder suit…

Friday, December 4th, 2009

You wouldn’t have picked this up in Dell’s (DELL) earnings announcement a few weeks ago or in the follow-up conference call, but it was buried in the 10-Q that Dell filed yesterday afternoon: Dell has agreed to settle a long-standing shareholder lawsuit over accounting issues and insider trading by executives to the tune of $40 [...]