Topic: Legal

— 3858 items —

Lots and lots of paper…
February 4, 2004—Good thing Georgia-Pacific (GP) is in the paper business, because at 390 pages (including exhibits) any investor who wants to leaf through the 10-K filed yesterday is going to need lots and lots of paper. The K includes 60 pages of footnotes, including some long discussions of pension plans, asbestos lawsuit liabilities, and plant restructurings […]

The fog of war…
January 28, 2004—Former Disney (DIS) directors Roy Disney and Stanley Gold may have declared war with Disney on their website SaveDisney.com which asks Disney shareholders to vote no on re-electing Chariman Michael Eisner and three other Disney directors up for re-election. But Disney’s proxy filed yesterday shows that there’s still a relationship between the two former directors, […]

Beyond the press release…
January 20, 2004—Tempting as it may sometimes be to rely on a press release, these releases — whether they’re talking about earnings or management changes — rarely seem to tell the whole story. Which is why it’s important to go to the SEC filings. Max & Erma’s (MAXE) , an Ohio-based casual restaurant chain, issued a tear-filled […]

Down memory lane…
December 30, 2003—New Year’s is always a great time to reflect. Just a few years ago, Analytical Surveys (ANLT) was trading at over $500 a share. Today, it’s trading around $3, after a 10:1 split. According to the K that the company filed yesterday, it may finally be putting its old problems behind. In late September, the […]

Playing chicken?
December 18, 2003—A class-action lawsuit filed over 7 years ago by cattle producers against a company now owned by Tyson Foods (TSN) looks to be a much bigger problem for Tyson, judging by its 10-K disclosure on Tuesday. In prior filings, Tyson, the world’s largest meat company, described the potential for damages as “in excess of $500 […]

Snow job?
December 8, 2003—It will be interesting to see how Abercrombie & Fitch (ANF) will handle its legal disclosure in the Q that should be out any any day now. Last night, 60 Minutes did a long piece on the lawsuit filed by a former employee claiming that the company discriminated when it came to hiring non-white salespeople. […]

When good pensions go bad…
December 2, 2003—For anyone who still wonders why it’s so important to pay attention to the pension footnote, check out Greyhound Lines’ parent company’s 10-K filed yesterday. Sprinkled throughout the 270-page document filed by Laidlaw International (LALW.OB) are details on the company’s ongoing efforts to prop up its 13 different pension plans, following the company’s Chapter 11 […]

A mighty big allowance…
November 26, 2003—Normally, I don’t spend a lot of time looking at pink-sheet stocks. But a proxy filed yesterday by MotorCar Parts and Accessories (MPAA.PK) caught my attention because it’s a sweet old-fashioned tale of a father helping out his son — a good pre-Thanksgiving yarn. Not to mention the fact that the stock has nearly tripled […]

Problems overseas too?
November 20, 2003—Between Oct. 3 and Nov. 13, Alliance Capital (AC) , a company at the center of the mutual fund scandal, was named as a defendant in 21 separate lawsuits — practically one for every day the courts were open — and several more have come in since Alliance filed its Q on Monday. But the […]

A slippery slope…
November 14, 2003—When a company discloses a few pages of related party transactions, investors really need to pay closer attention. When that disclosure suddenly increases even though the deals being disclosed appear to be several years old, that’s definitely worth paying attention to. Such is the situation at Vail Resorts (MTN), which released its 10-K yesterday. The […]