Parmalat founder offers apology
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Calisto Tanzi, the founder of Italian company Parmalat, apologises to investors who lost money as a result of its collapse.
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Investors stung by the collapse of Parmalat have filed a class action lawsuit in a US court as they seek more than $8 billion in damages from the Italian food group&#39;s former management, banks and auditors.
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Citigroup (CN: Quote, Profile, Research) on Friday launched a legal challenge against Parmalat&#39;s restructuring plan, hitting back after the bankrupt food group
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A preliminary court hearing into the collapse of food firm Parmalat, Italy's biggest ever corporate scandal, begins on Tuesday.
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Bank of America is prepared to take legal action against failed Italian food group Parmalat in the United States and Italy if its rights as a creditor are not respected, the bank's vice president Jaap Dutry ...
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The jailed founder and former chief executive of the failed Italian food giant Parmalat, Calisto Tanzi, was released from house arrest but remains subject to some restrictions as he awaits trial for fraud.
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MILAN, Aug 19  - Parmalat on Thursday fired off the latest lawsuit in its bid to recover billions of euros from banks that did deals with the now insolvent dairy group, saying it had sued CSFB for ...
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Citigroup said it launched a legal challenge against Italian authorities responsible for Parmalat&#39;s restructuring, alleging they failed to ensure a fair process for
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Parmalat sued its former auditors  Deloitte & Touche and Grant Thornton on Wednesday, broadening a  legal battle to claw back billions of euros from ex-allies the  food group says helped drive it into insolvency.
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CHICAGO Italian dairy company Parmalat today filed a ten (B) billion dollar lawsuit against two auditors it accuses of overlooking fraud that nearly led to the company&#39;s downfall.
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ITALIAN dairy giant Parmalat owes its creditors billions of dollars, a judge ruled yesterday in a decision that will let big international banks become shareholders in a new listed company formed from the ruins of the collapsed group.
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ROME  - Financial services giant Citigroup Inc. has filed a suit in an Italian court complaining it has been treated unfairly by Parmalat's new administration following the global dairy giant's bankruptcy filing.
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11/10/2004 - Citigroup, the worldâs largest financial services group, hits back at the â¬14 billion debt-ridden Italian dairy group Parmalat, igniting a legal challenge against the administrators on Friday.
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Bank of America Corp. said Friday it had filed for damages against former officials and auditors of collapsed dairy giant Parmalat at a preliminary hearing in Milan, as the bank attempts to avoid blame in the ...
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Shareholders in stricken Italian food group Parmalat sue the firm's former managers, banks and auditors.
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Trial began Thursday for two of Parmalat SpA's former auditors, the first since the massive fraud scandal at the dairy giant unfolded just over a year ago.
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Get breaking news and essential company info, all in a single place. MILAN, Oct 3  - Ten months after the Parmalat scandal rocked the global finance industry, a judge next week begins deciding whether ...