FORMER CA EXECS PAY BACK BONUSES TO SEC
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November 3, 2004 -- Two former vice presidents at Computer Associates International agreed to pay fines to regulators and return bonuses they received for their part in a $2.
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Former steelworkers who lost pensions when their employers went bust welcome an expected compensation deal.
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Ten former WorldCom directors will personally pay $18 million to compensate for investor losses from an accounting scandal that caused one of the largest bankruptcies in U.S. history.
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The accounting firm filed court papers seeking compensation from the former employees.
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Thanks to the SEC, shareholders now get a long-term picture of how their stock is doing, which helps in evaluating executive pay.
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Ten former directors of WorldCom have agreed to pay $18 million of their own money to settle a lawsuit by investors.
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Three former employees of Invesco Funds Group Inc. agreed yesterday to pay fines and accept temporary bars from the mutual fund industry for their role in helping large investors engage in predatory short-term trading called market timing.
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The defendants include former and current employees at major Wall Street firms such as Morgan Stanley and Oppenheimer.
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At first glance, it might seem as if Computer Associates International Inc. has cleaned up its act. Its former CEO and another top executive were indicted Wednesday for securities fraud and
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Morgan Stanley boss John Mack is reported in line for the biggest bonus ever awarded to a Wall Street executive.  Mack, 62, will be joining Wall Street's exclusive $40 million club with stock and option grants he has coming, the New York Post reports.
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Goldman Sachs Group's  board of directors awarded a $67.9 million bonus to Chairman and Chief Executive Lloyd Blankfein for 2007, according to a filing with regulators.
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By Christine Harper  Morgan Stanley gave its chief executive, John Mack, the biggest bonus ever for the head of a Wall Street firm, awarding him $40 million as the company headed for the best profit in its 71-year history. Mack, 62, was granted stock valued at $36.2 million as of Dec.
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Computer Associates International Inc. (CA) has reached a deal with the U.S. Department of Justice under which the company will pay compensation to shareholders and open its accounts to monitoring by an independent third party, in return for the DOJ deferring prosecution in its investigation of accounting fraud at the company, U.S. newspaper reports said Wednesday.
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Former execs had been charged with fraudulent wire communications, identity theft and conspiracy.
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A former sales chief at CA Inc. has agreed to pay $29.7 million in restitution after pleading guilty last year to criminal charges.
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Microsoft CEO Steve Ballmer and Chairman Bill Gates each took home just over $900,000 in pay last year, a slight increase from last year, according to documents filed Monday with the Securities and Exchange Commission.
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CA has filed a lawsuit to recover $14.9 million in legal defense fees paid for Sanjay Kumar, its former chief executive officer, who was sentencedÂ this monthÂ to 12 years in prison on securities fraud-related charges.