Search results
Results from the WOW.Com Content Network
A "global settlement" is one employed where suits have been filed or charges brought in multiple jurisdictions and is defined as "a legal agreement that addresses or compromises both civil claims and criminal charges against a corporation or other large entity". [4]
In 2006, multinational telecommunications company Nortel agreed to pay $2.47 billion to two plaintiffs for accounting fraud, on the condition that the settlement contain no admission of wrongdoing ...
Eli Global was re-branded as Global Growth in September and Lindberg resigned as its chief executive officer. [ 13 ] Following the public disclosure of Lindberg's personal legal troubles and those of his companies, he and some of his companies were sued by several corporations for failure to uphold business agreements. [ 14 ]
The settlement website stated that Adobe, Apple, Google, and Intel had reached a settlement of $415 million and other companies settled for $20 million. [20] According to the settlement website, Gilardi & Co., LLC distributed the settlement to class members the week of December 21, 2015. [25]
Christina Hall claims her estranged husband, Josh Hall, requested she pay him $65,000 a month in spousal support. The reality star is doubling down on selling her Tennessee home. In legal ...
The offer resolves claims by about 38,000 workers that the company's timekeeping system cheated them out of overtime and didn't allow them breaks. McDonald's to pay $26M settlement with California ...
Hank Boerner in Corporate Finance Review writes that the book is a very thorough narrative of the "financial analyst scandals" that led to the global settlement. [4]
After becoming a public company in August 2005, it was revealed that Phillip R. Bennett, the company's CEO and chairman, had concealed $430m of bad debts. Its underwriters were Credit Suisse First Boston, Goldman Sachs, and Bank of America Corp. The company entered Chapter 11 and Bennett was sentenced to 16 years in prison. Bear Stearns: United ...