FEB-11-08: Duncan-Williams Inc. of Memphis, Tenn. was ordered last month by a jury to pay $1.2 million to an investor who claimed that the firm committed
stock fraud. [
INVESTMENT NEWS: STOCK FRAUD]
JAN-28-08: KLA-Tencor has agreed to pay a $65 million in cash
settlement to end a lawsuit alleging that the company and certain of its officers
illegally backdated stock option grants. [
CNN MONEY: STOCK OPTION SETTLEMENT]
FEB-28-07: Escalon Medical Corp.
(Nasdaq: ESMC) has announced that it has entered into an agreement with
IntraLase Corp. (Nasdaq: ILSE) to
settle all outstanding disputes and
litigation between the parties. [
PR NEWSWIRE: STOCK FRAUD]
FEB-14-07: SEC announces
$6.3 million settlement with former Take-Two Interactive Software, Inc. CEO in Stock Option backdating scheme. [
MEDIA NEWSWIRE: SECURITIES SETTLEMENT]
FEB-01-07: California State Teachers' Retirement System has reached a
settlement with Qwest Communications over a lawsuit accusing the company of defrauding the fund out of $150m. [
FINANCIAL NEWS: SECURITIES SETTLEMENT]
FEB-01-07: Final approval given to
$40.3 million securities settlement claims by mutual fund customers against Merrill Lynch & Co. over alleged conflicts of interest between its brokerage and underwriting businesses. [
HERALD TRIBUNE: SECURITIES SETTLEMENT]
DEC-28-06:
$5 million settlement has been proposed to settle the Amerigroup Corporation Securities Litigation class action. [
PR NEWSWIRE: SECURITIES SETTLEMENT]
DEC-27-06: Nortel Networks has reached a legal
settlement in two class-action cases brought in U.S. courts. The company will
pay a total of $2.45 billion to shareholders. [
TECH NEWS WORLD: NORTEL SECURITIES SETTLEMENT]
DEC-08-06: Bank of America Corp. and 38 other banks agree to pay
$455 million to settle a lawsuit with investors in Adelphia Communications Corp., the bankrupt cable television company. [
BLOOMBERG: SECURITIES SETTLEMENT]
NOV-29-06: FMF Capital Group securities class actions have been
settled for over CAN$28 million, making it the largest
securities settlement in Canadian history. [
CNW: SECURITIES SETTLEMENT]
OCT-31-06: Krispy Kreme Doughnuts settles
shareholder lawsuit for $75 million. [
THE STREET: SECURITIES]
JUL-26-06: Banks agree to
$99 million settlement regarding underwriting Global Crossings. [
BANKNET 360: SECURITIES]
JUL-10-06: Nicor has reached a tentative
$10 million settlement with the SEC regarding accounting practices. [
CANADIAN BUSINESS: SECURITIES FRAUD]
JUL-07-06: Merill Lynch has agreed to pay $29.5 million to Enron for securities fraud. [
BOSTON.COM: SECURITIES]
JUN-27-06: Raytheon to pay $12 million penalty to close
SEC securities probe. [
TRADING MARKETS: SECURITIES]
MAY-09-06: Harry Yuen to pay $22.3 million settlement for Gemstar-TV Guide International Inc.
stock fraud scheme. [
LOS ANGELES BUSINESS: SECURITIES FRAUD]