Video-compression provider On2 Technologies, to be acquired by Google, said it reached a settlement with plaintiffs in state-court lawsuits over claims related to the acquisition. The complaints -- four in Delaware and one in New York -- accused On2 board members of having breached their fiduciary duties in connection with negotiating and accepting the agreement and by making “materially misleading disclosures” about negotiations and terms in the initial preliminary proxy statement, said an 8-K filed by On2 with the SEC. The complaints said Google “aided and abetted” the deception. They sought unspecified damages plus declaratory and injunctive relief against the acquisition. In a memorandum of understanding with the plaintiffs, On2 agreed to give “additional supplemental disclosures” in the proxy statement that will be mailed to On2 stockholders ahead of a special meeting to vote on the acquisition, the company said. The settlement requires the approval of the judges in the cases.
The International Trade Administration has initiated antidumping duty investigations to determine whether imports of seamless refined copper pipe and tube from China and Mexico are being, or are likely to be, sold in the U.S. at less than fair value.
The International Trade Administration has issued a notice that it is postponing the preliminary determination in the antidumping duty investigation of prestressed concrete steel wire strand from China.
It’s not true that CE manufacturers threatened lawsuits in several states that enacted extended-producer- responsibility based e-waste laws, CEA said. Natural Resources Defense Council lawyer Kate Sinding made that allegation in a sworn declaration Oct. 9 opposing CE makers’ motion for a preliminary injunction to block New York City’s e-waste law from taking effect. Eighteen states have enacted e-waste laws and another 13 have laws “pending,” Sinding’s declaration said. Though “industry threatened suit in some of these jurisdictions” to block the laws, “it never followed through and instead has been complying with the laws,” the declaration said, mentioning Maine and Washington as examples. The administrators of the Maine and Washington e- waste programs supported sworn declarations of their own backing the city in its fight against an injunction, but neither repeated Sinding’s claim that manufacturers threatened suit to block their laws. Sinding’s claim about the threat of lawsuits is “news to me,” Parker Brugge, CEA vice president of environmental affairs and industry sustainability, told us. “Frankly, that’s a laughable response,” Sinding told us in reply. She suggested in an e- mail that we contact “the folks in MN, WA and ME who had (and in some cases continue to have) to contend with threatened litigation.” Officials in Maine, Minnesota and Washington didn’t respond right away to our requests for comment.
The International Trade Administration frequently issues notices on antidumping and countervailing duty orders, investigations, etc. which Broker Power considers to be "minor" in importance as they concern actions that occur after an order is issued, neither announce nor cause any changes to an order's duty rates, scope, affected firms, or effective period, etc.
The International Trade Administration has issued a notice that it is postponing the preliminary determination in the antidumping duty investigation of certain steel grating from China.
The International Trade Administration has initiated a countervailing duty investigation to determine manufacturers, producers, or exporters of sodium and potassium phosphate salts in China receive countervailable subsidies.
The International Trade Administration has made a final affirmative countervailing duty determination that countervailable subsidies are being provided to producers and exporters of commodity matchbooks from India.
The International Trade Administration has made a final affirmative antidumping duty determination that imports of commodity matchbooks from India are being, or are likely to be, sold in the U.S. at less than fair value.
A public notice on the FCC’s quadrennial media ownership review asked more than two dozen questions in what officials inside and outside the commission said was another step toward opening a formal proceeding (CD Oct 7 p6). The notice was issued by the Media Bureau Wednesday in advance of workshops with academics, broadcasters and public interest groups it will hold Nov. 2-4 on the subject. Comments on the notice, due Nov. 20 (Docket No. 09-182), and discussion during the meetings should focus on the questions listed in the document, it said.