San Diego, CA, June 25, 2012
2012-05-31: AECOM and possibly other companies are facing potentially costly class action law suits for pie-in-the-sky traffic and revenue forecasts they produced that were used to sell stock to investors in a failed Australian toll tunnelway.
Donald Kovac labor relations manager at the Pennsylvania Turnpike April 2005 to Nov 2008 lost in US Court of Appeals this week. He was suing the Turnpike, former commission Mitchell Rubin, former chief operating officer George Hatalowich, Melvin Shelton and union secretary Mark Rowe, charging they conspired to have him dismissed for political reasons.
Federal Signal Technologies Group (FSTech) president Manfred Rietsch says Neology's suit alleging violations of a patent on 6C sticker tag-reader system is "baseless" and "frivolous." FSTech's Sirit subsidiary, also sued, was one of just a small group of companies that developed the ISO 18000 6C standard, he notes, and contributed technology to the US RFID consortium, Sisvel, which established 6C as open standard.read more »