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AMERCO Brings $2.5 Billion Suit Against PricewaterhouseCoopers; PwC Audit Partner Admits "The Company asked the right questions. We gave them the wrong answers.".
PR Newswire; Apr 21, 2003; 700+ Words AMERCO , The parent company of U-Haul, today announced...the last seven years of its audit engagement. AMERCO terminated PwC as its auditor on July 17, 2002. As noted in the complaint, AMERCO sought PwC's advice on how to properly account...
AMERCO Re-Auditing Work Performed By PwC; Potential Exists for Restatement of Prior Periods.
PR Newswire; May 12, 2003; 700+ Words ...May 12 /PRNewswire-FirstCall/ -- AMERCO , parent company of U-Haul International...re-audit the financial statements of AMERCO and its subsidiaries for the fiscal years...adjustments related to insurance reserves at AMERCO and its subsidiary, Republic Western...
AMERCO Reaches Agreement in Principle With Wells Fargo Foothill on Terms For $550 Million in Chapter 11 Exit Financing.
PR Newswire; Nov 7, 2003; 700+ Words AMERCO today announced that it has reached an agreement in principle...300 million DIP loan that Wells Fargo Foothill provided AMERCO in June. "This exit financing will enable AMERCO's restructure to be a 100 percent payout plan for all...
AMERCO Files Voluntary Chapter 11 to Facilitate Financial Restructuring; * Not Included in the Filing are Subsidiaries, U-Haul, Oxford Life Insurance Company, Republic Western Insurance Company.
PR Newswire; Jun 20, 2003; 700+ Words AMERCO , today announced that in order to facilitate...Chapter 11 of the U.S. Bankruptcy Code. AMERCO has taken this action in order to expedite...the Chapter 11 filing are the following AMERCO subsidiaries: U-Haul, Oxford Life Insurance...
Will Amerco U-Haul Away from Bankruptcy?(reorganization plan)
Mergers & Acquisitions Report; Oct 28, 2002; ; 700+ Words Though Amerco seems close to buckling under its nigh...details about its reorg plan. On Nov. 15, Amerco must pay a $6.8 million coupon on its...100 million bond. And on top of that, Amerco must cough up $8.8 million by Feb...
Fitch Lowers AMERCO's Ratings; Remains On Rating Watch.
Business Wire; Oct 7, 2002; 700+ Words ...Oct. 7, 2002 Fitch Ratings lowers AMERCO's senior unsecured debt, preferred...Senior unsecured debt guaranteed by AMERCO is also lowered to 'BB+' by Fitch...million maturity due Oct. 15, 2002. AMERCO's proposed $275 million senior unsecured...
Correction: Fitch Lowers AMERCO's Ratings; Remains On Rating Watch Neg.
Business Wire; Oct 8, 2002; 700+ Words ...outstanding and on Rating Watch Negative as AMERCO has preferred stock outstanding) Fitch Ratings lowers AMERCO's senior unsecured debt, preferred stock...respectively. Senior unsecured debt guaranteed by AMERCO is also lowered to 'BB+' by Fitch...
AMERCO in Discussions With Nasdaq Regarding Listing Status.
PR Newswire; Jul 1, 2003; 600 Words AMERCO announced today that it received a letter...24, 2003, indicating that, in light of AMERCO's recent voluntary Chapter 11 filing...concerns in rendering a determination regarding AMERCO's continued listing status. Nasdaq has...
AMERCO Appoints New Member to Board of Directors.
PR Newswire; Mar 2, 2005; 700+ Words AMERCO today announced that Daniel R. Mullen has...experience, insight and business expertise to AMERCO. His extensive experience in finance will...toward achieving operational excellence for AMERCO," stated E.J. "Joe" Shoen, chairman...
AMERCO Reports First Quarter Financial Results.
PR Newswire; Aug 9, 2004; 700+ Words AMERCO , the parent of U-Haul International...Republic Western Insurance Company and Amerco Real Estate Company, today reported its...results. First Quarter Financial Results AMERCO and its consolidated entities reported revenues...
Nasdaq Establishes Conditions for Continued Listing of AMERCO's Common Stock.
PR Newswire; Aug 6, 2003; 700+ Words AMERCO announced today that it received a letter...has determined to continue the listing of AMERCO's common stock on The Nasdaq National...that: (1) on or before August 8, 2003, AMERCO files its Form 10-K for the fiscal year...
Shareholder Class Action Filed Against Amerco By the Law Firm of Schiffrin & Barroway, LLP.
PR Newswire; Feb 25, 2003; 700+ Words ...Nevada on behalf of all purchasers of the common stock of Amerco ("Amerco" or the "Company") from February 12, 1998 to September...In addition, this action has been filed on behalf of Amerco 8.5% Series A preferred shareholders ("preferred...
Cauley Geller Expands Class Action Lawsuit Against Amerco to Include Series A Preferred Stock.
PR Newswire; Feb 27, 2003; 700+ Words ...Street, Reno, Nevada 89501 on behalf of purchasers of Amerco ("Amerco" or the "Company") common stock during the period...This action has been expanded to include investors of Amerco 8.5% Series A preferred shareholders ("preferred...
Cauley Geller Announces Class Action Lawsuit Against Amerco on Behalf of Investors.
PR Newswire; Feb 14, 2003; 700+ Words ...Street, Reno, Nevada 89501 on behalf of purchasers of Amerco ("Amerco" or the "Company") publicly traded securities during...www.cauleygeller.com/library/user_images/amerco.pdf . The complaint charges Amerco and certain of...
AMERCO Posts Financial Results
PR Newswire; Jun 27, 1997; 700+ Words ...RENO, Nev., June 26 /PRNewswire/ -- AMERCO (Nasdaq: UHAL), announced today that...analyst projections of $1.42 per share. AMERCO reported total revenues of $1.425 billion...Among the highlights of fiscal 1997, AMERCO announced the final settlement of a long...
AMERCO Reports Fiscal 2004 Financial Results.
PR Newswire; Jun 18, 2004; 700+ Words AMERCO , the parent of U-Haul International...Republic Western Insurance Company and Amerco Real Estate Company, today reported its 2004 financial results. 2004 Financial Results AMERCO and its consolidated entities reported revenues...
AMERCO Reaches Agreement With Unsecured Creditors Committee.
PR Newswire; Nov 13, 2003; 700+ Words AMERCO announced today that it has reached an agreement...January," stated Joe Shoen, chairman of AMERCO. According to Richard Williamson, Managing...represents a significant advancement in the AMERCO restructuring process and has positioned...
AMERCO Posts Second Quarter Results
PR Newswire; Nov 13, 1997; 700+ Words ...Nev., Nov. 13 /PRNewswire/ -- AMERCO (Nasdaq: UHAL), the holding company...Republic Western Insurance Company and Amerco Real Estate Company, announced today...percent operating profit growth helped push AMERCO's operating profits to a new second...
Fitch Places AMERCO's 'BBB/F2' Ratings On Rating Watch Negative.
Business Wire; Jun 14, 2002; 700+ Words ...June 14, 2002 Fitch Ratings places AMERCO's 'BBB' senior debt and 'F2' commercial...insurer financial strength (IFS) rating of AMERCO's wholly owned insurance subsidiary...action reflects Fitch's concern that AMERCO may not be able to fully refinance current...
AMERCO Posts Year End Results.
PR Newswire; Jun 25, 1999; 700+ Words ...RENO, Nev., June 25 /PRNewswire/ -- AMERCO (Nasdaq: UHAL), the leader in the...increased by 214%. In December, 1998, AMERCO completed the sale of 26 properties to...seasonality within the self-move market, AMERCO typically incurs losses in its fourth...
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