Ernst &amp; Young to Pay $125 Mln Settlement
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Ernst &amp; Young LLP (ERNY.UL: Quote, Profile, Research) , one of the four largest US accounting firms, agreed Friday to pay a total of $125 million to settle US claims arising
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Bee Staff Writer. The University of California, negotiating on behalf of Enron Corp. investors, reached a $222.5 million settlement Friday with the Lehman Brothers brokerage firm over its part in the multibillion-dollar Enron debacle.
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It looks like another case of Microsoft paying off to save legal hassles and possible bigger punishments in the future. Microsoft has reached a settlement worth USD 536 Million with the much in news corporation Novell.
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I.B.M. said that it had agreed to pay $320 million to its employees to settle in part a class-action lawsuit over its pension plan.
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$222.5 million -- in an ongoing securities class action lawsuit against Enron Corp. The settlement, announced Friday and
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The company tentatively agreed to pay $126 million and accept an independent monitor to settle investigations into the sale of insurance.
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KPMG International&#39;s US and Belgian subsidiaries agreed to pay $115 million to settle a securities class action lawsuit brought by shareholders of Lernout &amp; Hauspie Speech Products NV.
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new yorkâLehman Brothers Holdings Inc., the fifth-biggest American securities firm, agreed to pay $222.5 million (US) to resolve a suit filed by investors over the bank&#39;s role as an underwriter for Enron Corp.
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The University of California said on  Friday that Lehman Brothers has agreed to pay $222.5 million to  settle a class action suit for the bank's role in the sale of  Enron Corp. securities to it and other plaintiffs.
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Morgan Stanley  agreed to pay  $12.5 million to resolve charges that it failed to provide  arbitration plaintiffs with e-mails it said were destroyed in  the September 11, 2001 attacks, when in fact it had saved the  e-mails on backup files.
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American International Group, the world&#39;s largest insurance firm, yesterday agreed to pay $126m (Â£67m) to settle allegations that the company helped clients to commit accounting fraud.
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American International Group Inc. (AIG.N: Quote, Profile, Research) agreed to pay $126 million and appoint an independent monitor to settle allegations it helped
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Wall Street brokerage house Lehman Brothers Holdings Inc. is close to reaching a deal to pay about $220 million to settle a class-action lawsuit alleging that it and other big brokerage firms participated in a scheme with Enron Corp.
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Legal action was taken against IBM concerning its conversion to a controversial cash-balance pension plan. Under the terms of the agreement, IBM will pay at least $300 million to settle certain claims in the complex lawsuit.
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Auditor Ernst &amp; Young LLP has agreed to pay $125 million to the Federal Deposit Insurance Corporation over the collapse of a suburban Chicago bank three years ago, the FDIC announced Friday.
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The Federal Trade Commission said Friday that it will make Sprint Corp. pay $1.125 million to settle charges that the telecommunications giant skirted federal credit laws.
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The  world's largest insurance group pays $126m in fines as part of a settlement with US regulators over its dealings with two firms.