April 2008

RETIREMENT ANNOUNCEMENT

Apr 21
Richard Fairchild, Shareholder, was Recently Honored for 43 Years of Dedicated Service with STEWART & IRWIN, P.C

PETER S. KOVACS FILED A CLASS ACTION LAWSUIT APRIL 23, 2008 IN THE MARION COUNTY SUPERIOR COURT ON BEHALF OF TWO PLAINTIFFS AND OVER 250,000 RESIDENTIAL WATER CUSTOMERS SERVED BY VEOLIA WATER IN CENTRAL INDIANA.

Apr 29
The complaint alleges Veolia Water failed to read the meters of its customers at least every two months as required by law and overestimated water usage for thousands of its customers. The complaint also alleges that Veolia Water overcharged their customers for late fees as well as breached their agreement with Indianapolis Water, and committed deceptive acts including fraud.