Lehman Near Deal on Enron Lawsuit-Source
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Lehman Brothers Holdings Inc.  has tentatively agreed to pay &#36;222.5 million to settle an investor lawsuit over its role as an underwriter for Enron Corp., a person familiar with the situation said on Thursday.
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Some of Enron Corp's EONPQ.PK former  directors have agreed to a $168 million settlement of a  shareholder lawsuit over the collapse of the energy trading  company, the lead plaintiff in the case said on Friday.
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Investment bank Lehman Brothers  Holdings Inc. is negotiating to buy GLG Partners, a large  British hedge fund, the Wall Street Journal reported on  Thursday, citing unnamed sources.
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Marsh &amp; McLennan Cos. , the world's largest insurance broker, may settle New York Attorney General Eliot Spitzer's claims of rigged bids and kickbacks within a month, chief executive Michael Cherkasky said.
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Lehman Brothers (LEH:NYSE - news - research) agreed Friday to pay $225 million to Enron shareholders to settle allegations arising from the company&#39;s 2001 insolvency.
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Credit Suisse Group Inc.  will pay Enron Corp. creditors $61.5 million to settle a lawsuit related to equity transactions, the successor to the bankrupt energy trader said on Friday.
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HOUSTON - Wall Street brokerage house Lehman Brothers has agreed to pay $222.5 million to a class-action lawsuit alleging that it and other banks and brokerages helped Enron Corp.
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A source close to the case says a ruling in Justice Dept.'s antitrust suit to stop Oracle from acquiring PeopleSoft may come this week.
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Kohlberg Kravis Roberts & Co. is close to making a concession to the banks financing its $26 billion leveraged buyout of payment processor First Data Corp , a source said on Monday.
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Delta Air Lines Inc. could file for Chapter 11 bankruptcy protection as soon as next week, a source familiar with the matter said.
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WASHINGTON -- The Labor Department proposed a $12 million agreement on Thursday with the estate of Kenneth Lay, the deceased founder of Enron Corp., to settle claims involving mismanagement of workers' pension plans.
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Federal regulators are close to settling a lawsuit that accuses Invesco Funds Group and its former CEO of improper trading in its mutual funds, attorneys for all three parties said Friday.
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SAN FRANCISCO (CBS.MW) -- Lehman Brothers agreed to pay $222.5 million to settle an Enron securities class action suit, the University of California said Friday.
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A tentative deal between News Corp.  and Dow Jones & Co Inc.  would give an independent board the power to approve the hiring and firing of top editors at The Wall Street Journal, three sources said on Thursday.
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The firm led by the acting chief executive of Enron asked a bankruptcy judge for a $25 million &quot;success fee&quot; for its efforts in shepherding the company through nearly three years under Chapter 11 bankruptcy, a court filing shows.
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Lehman Brothers Holdings Inc. confirmed it is in settlement talks with Enron Corp. shareholders relating to a class-action lawsuit filed in 2002 against several major brokerage firms, according to news reports.
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A U.S. federal judge, who originally dismissed claims against Barclays Plc  in a $40 billion lawsuit, ruled Enron Corp. investors may file an amended complaint detailing charges that the bank helped hide financial misdeeds that led to the energy giant's collapse.