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In a filing last winter, Novartis said it was increasing reserves by $318 million in the fourth quarter, to a total of $397 million, to pay for pending settlements into past marketing practices.
[World Business, Section W.] Sotheby's Reports 9-Month Loss Sotheby's Holdings reported a "significant loss" for the first nine months of 2000, mostly from the third quarter, attributing it largely to the special charges associated with the Justice Department's antitrust investigation into price fixing and pending settlements of lawsuits.
Sotheby's Holdings Inc. reported a "significant loss" for the first nine months of 2000 yesterday, attributing it largely to the special charges associated with the Justice Department's antitrust investigation into price-fixing and pending settlements of class-action and shareholders' lawsuits.
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But lawyers notified the court of the pending settlement.
The pending settlement was reported yesterday in The Wall Street Journal.
Asked how he felt about a pending settlement by Mr. Grubman, Mr. Hochman said: "I'm broke.
The announcement Thursday was not related to a larger pending settlement with the federal Justice Department over three whistle-blower lawsuits that also involve sales of Risperdal.
While the complaint asserted virtually all Hyundai models from 2006 9 had defective air bag systems, only the Santa Fes were being recalled as a result of the pending settlement.
He is also considering a pending settlement of a class-action lawsuit filed by authors and publishers over Google's book-scanning project.
Commissioner Bud Selig said yesterday that a pending settlement of the lawsuit against the Twins and Major League Baseball would not affect plans to eliminate two teams before next season.
Officials at the airport said they were acting on a court order that barred her from leaving the country pending settlement of a $76,000 claim against her.
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