AT&amp;T to Settle a Shareholders&#39; Suit
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By Bloomberg News. The AT&amp;T Corporation, the nation&#39;s biggest long-distance telephone company, said yesterday that it had agreed to pay $100 million to settle a lawsuit by shareholders who claimed the carrier had lied about its finances.
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AT&T Corp. on Thursday reported a net loss of $7.1 billion, or $8.95 per share, for the third quarter of 2004, but that loss included asset re-evaluation and other charges of $12.5 billion.
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The companies settle a lawsuit in which the software giant was accused of poaching smart-phone trade secrets.
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WASHINGTON -- Sprint and AT&amp;T will be paying a total of $1.5 million to settle with federal regulators. The government charges the phone giants failed to inform potential customers of their rights under federal credit law, after they were denied service.
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Settlement is latest in a string of patent cases against Internet phone company. Vonage has settled disputes with Sprint, Verizon in recent months.
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The boards of directors of SBC  Communications Inc. SBC.N and AT&T Corp. T.N were to meet  on Sunday to vote on a more than $15 billion stock deal in  which SBC will buy AT&T, according to sources familiar with the  situation.
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The Department of Justice announced today that it has reached a settlement requiring Cingular Wireless Corporation to divest assets in 13 markets in order to proceed with Cingular Wireless&#39;s $41 billion acquisition of AT&amp;T Wireless.
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The company said it will comply with the EU's antitrust decision if it loses an appeal this week. Also: New AT & #038;T Wireless Services device works for e-mail and messaging, minus voice service & hellip;. Comcast will cut its interest in Time Warner Cable & hellip;. and more.
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SBC Communications Inc. (SBC.N: Quote, Profile, Research) filed on Monday to sell up to $15.5 billion of debt and stock, mainly to fund the purchase of AT&amp;T Wireless Services
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Qwest Communications International Inc., the fourth-largest US local-telephone provider, agreed to pay $250 million to settle US Securities and Exchange Commission allegations that it
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National Commerce Financial Corp. has agreed in principle to settle pending shareholder class-action lawsuits that challenge its proposed $7 billion merger with Atlanta-based SunTrust Banks Inc.
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Investment banking firm Lehman Brothers Holdings Inc. is nearing an agreement to pay approximately $200 million to settle a shareholder lawsuit over its work for bankrupt
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General Electric Co. yesterday agreed to a settlement with the Securities and Exchange Commission, which accused the company of failing to provide shareholders
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Vonage and AT&T finalize a deal in their patent infringement case.
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Time Warner Inc., the world&#39;s biggest media company, may pay as much as $500 million to settle US government probes into whether it improperly booked advertising sales at its America
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Sprint Corp. and AT&#38;T Corp. have agreed to pay a total of nearly $1.5 million to settle government charges that they denied or limited phone service to hundreds of thousands of customers they considered credit risks without notifying the consumers of their rights.
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AT&amp;T, AT&amp;T Wireless, and Cingular Wireless resolved issues relating to the use of the AT&amp;T brand in connection with Cingular&#39;s acquisition of AT&amp;T Wireless.