CA Sales Head to Pay $29.7M in Restitution
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CA's former head of worldwide sales will pay for his part in a major fraud scheme at the software company.
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IBM (Quote, Chart) has agreed to pay $300 million to settle most of the claims in a class action lawsuit related to its pension plan, the company announced today.
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The actor was convicted on three lesser charges and must pay up to $17 million of back taxes, penalties and interest.
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MCI Inc. (MCIP.O) has offered to pay states from 2 cents to 30 cents on the dollar to settle charges it owes them as much as &#36;2 billion in back taxes, people familiar with the matter said on Thursday.
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A California man has been sentenced to more than seven years in prison and ordered to pay $5.4 million in restitution for selling pirated software online.
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Eight eBay sellers were ordered to pay nearly &#36;90,000 in restitution and fines after admitting they bid up products online to inflate the prices.
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Most of the $126 million that American International Group paid to settle with regulators last year came out of a bonus pool for executives.
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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.
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American International Group Inc.  agreed to pay &#36;126 million to settle allegations it helped companies fraudulently inflate earnings, the U.S. Securities and Exchange Commission said on Tuesday.
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CA Inc. expects to recover some of the money it lost in an accounting scandal, the chief executive, John Swainson, said.
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RS Investments, a $6.7 billion money manager based in San Francisco, said Wednesday it had settled US and state allegations of improper trading by agreeing to pay $30 million in fines and reduced management fees.
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Hewlett-Packard Co.  said  on Thursday it would pay California $14.5 million to settle a  civil case related to board-leak investigations that led to the  resignation of Chairman Patricia Dunn.
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It&#39;s payback time. The former chief executive of Conseco (nyse: CNO - news - people ) and his family trusts must pay $62.7 million plus interest to a unit of the insurance company, which may also foreclose on his mansion, a judge ruled.
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Four of the nationâs biggest makers of artificial joints will pay a total of $310 million in fines to settle accusations that they paid kickbacks to surgeons.
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International Business Machines Corp., the world&#39;s largest computer maker, said it will pay at least $300 million to settle part of a lawsuit that claimed the company&#39;s pension plan discriminated against older workers.
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As expected, Hewlett-Packard and the California state attorney general's office have reached a settlement in a civil suit pertaining to the company's methods in investigating its own board members. The company will pay the state $14.5 million, and in exchange, the state has agreed to an injunction against it pursuing any further civil matters against its employees, executives, directors, or the company itself.
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A California jury has awarded more  than $300,000 in compensatory damages in a sexual harassment  suit filed against FedEx Corp. on behalf of two female  employees, a lawyer representing the plaintiffs said on Friday.