Enron to Pay $321 Million in Pensions
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Enron Corp. will pay $321 million from  the proceeds of its sale of its pipeline arm to fund pension  plans for thousands of former employees, a government pension  agency said on Monday.
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IBM on Wednesday said it will  take a third-quarter charge of $320 million to settle all but  two claims of an ongoing lawsuit claiming its pension plan  discriminated against older workers, in exchange for capping  its potential liability at $1.4 billion.
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IBM said Wednesday that it had agreed to pay $320 million to current and former employees to settle in part a class-action lawsuit over its pension plan in a case that may affect millions of workers at many companies and nonprofit organizations.
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Enron Corp.'s (ENRNQ.PK) former director of investor relations has agreed to pay &#36;1.49 million to settle fraud charges related to the bankrupt energy company, U.S. securities regulators said on Wednesday.
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After settling a portion of a 5-year-old lawsuit involving its pension plan, Armonk, NY-based IBM Corp. (NYSE: IBM) will take a $320 million charge on its third-quarter earnings.
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BP Plc and subsidiaries have agreed to pay $373 million in fines and restitution for environmental violations and fraud charges, the U.S. Justice Department said on Thursday.
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Lehman Brothers has agreed to pay $222.5 million to settle a class-action lawsuit contending that it and other brokerage firms and banks helped Enron mislead investors.
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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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Swiss bank UBS  agreed to pay Enron Corp. creditors $115 million in cash to settle a lawsuit related to equity transactions, the successor to the bankrupt energy trader said on  Wednesday.
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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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Enron Corp. creditors will receive $149.2 million to settle lawsuits related to commercial paper that the energy trader bought back shortly before its December 2001 bankruptcy filing.
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Some of Enron Corp's EONPQ.PK former  directors have agreed to a $168 million settlement of a  shareholder lawsuit over the collapse of the energy trading  company, the lead plaintiff in the case said on Friday.
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HOUSTON - Wall Street brokerage house Lehman Brothers has agreed to pay $222.5 million to a class-action lawsuit alleging that it and other banks and brokerages helped Enron Corp.
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NEW YORK, Sept. 23 -- 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 energy trader Enron Corp., sources familiar with the case said.
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IBM said Wednesday it had agreed to pay $320 million to its employees to settle in part a class-action lawsuit over its pension plan in a case that will affect millions of workers at many companies and nonprofits.
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WASHINGTON: The deficit at the federal agency that rescues failed US corporate pensions more than doubled to $23.3 billion in fiscal year 2004, officials said on Monday, with analysts largely blaming bankrupt airlines.
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A federal bankruptcy judge on Friday approved Enron Corp.'s plan to sell its most prized remaining assets.