GVHR » Topics » ITEM 1. Legal Proceedings

These excerpts taken from the GVHR 10-K filed Mar 16, 2009.
ITEM 3.  LEGAL PROCEEDINGS

 

The Company is a party to certain pending claims that have arisen in the ordinary course of business, none of which, in the opinion of management, is expected to have a material adverse effect on the consolidated financial position, results of operations, or cash flows if adversely resolved. However, the defense and settlement of these claims may impact the future availability of, and retention amounts and cost to the Company for applicable insurance coverage.

 

From time to time, the Company is made a party to claims based upon the acts or omissions of its clients’ employees for the acts or omissions of such client employees and vigorously defends against such claims.

 

On March 13, 2009, a putative class action was commenced in the Circuit Court for Manatee County, Florida against the Company, each of the Company’s directors and TriNet alleging that Gevity’s board of directors breached its fiduciary duties to the Company’s shareholders in approving and adopting a merger agreement that contains preclusive deal protection measures and allegedly unfair merger consideration. The complaint further alleges that the Company and TriNet aided and abetted Gevity’s directors in this alleged breach of fiduciary duty. The complaint seeks to enjoin the completion of the merger, an award of unspecified monetary damages and to recover certain costs incurred by the plaintiff. The Company believes the complaint to be entirely without merit and intends to defend it vigorously.

 

ITEM 3.  LEGAL
PROCEEDINGS



 



The
Company is a party to certain pending claims that have arisen in the ordinary
course of business, none of which, in the opinion of management, is expected to
have a material adverse effect on the consolidated financial position, results
of operations, or cash flows if adversely resolved. However, the defense and
settlement of these claims may impact the future availability of, and retention
amounts and cost to the Company for applicable insurance coverage.



 



From
time to time, the Company is made a party to claims based upon the acts or
omissions of its clients’ employees for the acts or omissions of such client
employees and vigorously defends against such claims.



 



On
March 13, 2009, a putative class action was commenced in the Circuit Court for
Manatee County, Florida against the Company, each of the Company’s directors
and TriNet alleging that Gevity’s board of directors breached its fiduciary
duties to the Company’s shareholders in approving and adopting a merger
agreement that contains preclusive deal protection measures and allegedly
unfair merger consideration. The complaint further alleges that the Company and
TriNet aided and abetted Gevity’s directors in this alleged breach of fiduciary
duty. The complaint seeks to enjoin the completion of the merger, an award of
unspecified monetary damages and to recover certain costs incurred by the
plaintiff. The Company believes the complaint to be entirely without merit and
intends to defend it vigorously.



 



ITEM 3.  LEGAL
PROCEEDINGS



 



The
Company is a party to certain pending claims that have arisen in the ordinary
course of business, none of which, in the opinion of management, is expected to
have a material adverse effect on the consolidated financial position, results
of operations, or cash flows if adversely resolved. However, the defense and
settlement of these claims may impact the future availability of, and retention
amounts and cost to the Company for applicable insurance coverage.



 



From
time to time, the Company is made a party to claims based upon the acts or
omissions of its clients’ employees for the acts or omissions of such client
employees and vigorously defends against such claims.



 



On
March 13, 2009, a putative class action was commenced in the Circuit Court for
Manatee County, Florida against the Company, each of the Company’s directors
and TriNet alleging that Gevity’s board of directors breached its fiduciary
duties to the Company’s shareholders in approving and adopting a merger
agreement that contains preclusive deal protection measures and allegedly
unfair merger consideration. The complaint further alleges that the Company and
TriNet aided and abetted Gevity’s directors in this alleged breach of fiduciary
duty. The complaint seeks to enjoin the completion of the merger, an award of
unspecified monetary damages and to recover certain costs incurred by the
plaintiff. The Company believes the complaint to be entirely without merit and
intends to defend it vigorously.



 



This excerpt taken from the GVHR 10-Q filed May 12, 2008.
ITEM 1.                 Legal Proceedings

 

See Note 10 to the condensed consolidated financial statements contained elsewhere in this Form 10-Q for information concerning the Company’s legal proceedings.

 

These excerpts taken from the GVHR 10-K filed Mar 17, 2008.

ITEM 3.    LEGAL PROCEEDINGS

        The Company is a party to certain pending claims that have arisen in the ordinary course of business, none of which, in the opinion of management, is expected to have a material adverse effect on the consolidated financial position, results of operations, or cash flows if adversely resolved. However, the defense and settlement of these claims may impact the future availability of, and retention amounts and cost to the Company for applicable insurance coverage.

        From time to time, the Company is made a party to claims based upon the acts or omissions of its clients' employees for the acts or omissions of such client employees and vigorously defends against such claims.



ITEM 3.    
LEGAL PROCEEDINGS



        The Company is a party to certain pending claims that have arisen in the ordinary course of business, none of which, in the opinion of management, is expected to
have a material adverse effect on the consolidated financial position, results of operations, or cash flows if adversely resolved. However, the defense and settlement of these claims may impact the
future availability of, and retention amounts and cost to the Company for applicable insurance coverage.



        From
time to time, the Company is made a party to claims based upon the acts or omissions of its clients' employees for the acts or omissions of such client employees and vigorously
defends against such claims.



This excerpt taken from the GVHR 10-Q filed Oct 27, 2005.

ITEM 1.       Legal Proceedings

        See Note 8 to the condensed consolidated financial statements included in this Form 10-Q for information concerning the Company’s legal proceedings.

This excerpt taken from the GVHR 10-Q filed Jul 28, 2005.

ITEM 1. Legal Proceedings

        See Note 8 to the condensed consolidated financial statements included in this Form 10-Q for information concerning the Company’s legal proceedings.

This excerpt taken from the GVHR 10-Q filed May 9, 2005.

ITEM 1.       Legal Proceedings

        See Note 8 to the condensed consolidated financial statements for information concerning the Company’s legal proceedings.

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