Ahold, Ex-Execs Settle with Regulators
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Ahold NV AHLN.AS, the Dutch  grocery operator, and three former top executives have agreed  to settle U.S. securities fraud charges related to massive  overbooking of profits, the company and U.S. regulators said on  Wednesday.
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(InfoWorld) - Hewlett-Packard has settled a U.S. Securities and Exchange Commission investigation regardingÂ the resignation of Tom Perkins from its board. Perkins was a central character in theÂ scandal at HPÂ over tactics the company used to try to find the source of internal information leaks. The SEC concluded that HP should have revealed that Perkins resigned because he disagreed with the companyâs activities. HP also should have described the circumstances around the disagreement, the SEC said. HP didn't admit to any wrongdoing but agreed to the SEC making a filing with its conclusions. The SEC wonât fine HP or impose any other penalties related to this investigation. Perkins quit the board in May last year when it was revealed that private investigators hired by HP may have used illegal methods to identify another board member as the source of leaks about the company to the media. He later urged the company to reveal the reasons behind his resignation. In September, HP did say in an SEC filing that Perkins resigned over the investigation. Perkins has publicly traded barbs with other former board members, including former chairman Patricia Dunn, about how the investigations into the internal leaks were handled.
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Hewlett-Packard has settled a U.S. Securities and Exchange Commission investigation regardingÂ the resignation of Tom Perkins from its board.
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Retailer Ahold reached an 8 million euros (&#36;9.85 million) settlement with Dutch public prosecutors over charges of publishing false accounts.
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Mercury Interactive and Brocade Communications Systems Inc.  agreed to pay a combined $35 million to settle charges they fraudulently backdated stock options that helped enrich former executives, U.S. regulators said on Thursday.
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General Electric Co. said Thursday it has settled an informal investigation by the Securities and Exchange Commission into its employment and post-retirement agreement with former chief executive Jack Welch.
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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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Bee Staff Writer. In the latest crackdown on conflicts of interest on Wall Street, federal and state regulators said Thursday that they&#39;ve obtained a $100 million settlement from two investment
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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 with enough information about the retirement perks provided to former chief executive Jack Welch.
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WASHINGTON -- Federal regulators yesterday tentatively agreed to ease an accounting requirement for foreign companies that trade on U S exchanges.
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Federal regulators are considering civil charges against two former executives of Lucent Technologies Inc. and a third ex-employee of the telecommunications gear maker over
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Three former employees of Denver-based Invesco Funds Group agreed to a settlement regarding alleged market timing trading in certain Invesco funds, the Securities and Exchange Commission said Tuesday.
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Royal Ahold and its two former top executives reached a settlement on Wednesday with the S.E.C. in connection with a multibillion-dollar accounting scandal.
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Some of Enron Corp's  former directors have agreed to a &#36;168 million settlement of a shareholder lawsuit over the collapse of the once powerful energy trading company, the lead plaintiff in the case said on Friday.
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Two companies that manage and market Franklin Templeton mutual funds have agreed to pay a total of $20 million to settle federal regulators' charges that they failed to disclose their use of fund assets to pay brokerages for steering customers to the funds.
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Retailer Ahold reached an 8 million  euros ($9.85 million) settlement with Dutch public prosecutors  over charges of publishing false accounts.
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The Securities and Exchange Commission settled fraud charges Thursday against Van Wagoner Capital Management Inc., whose high-profile executives allegedly lied about the values of their mutual funds and broke laws meant to protect investors.