FedEx told to repay $29M in 9-11 aid
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FedEx Corp.&#39;s express air shipping unit was ordered to repay $29 million in emergency financial aid granted by the US government after the Sept.
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(WASHINGTON) - 9/11 victims have collected more than $38 billion in compensation from insurance companies, the government and charities.
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Morgan Stanley  will pay $12.5 million to resolve charges that it failed to produce e-mails in arbitration cases and falsely claimed the e-mails were lost in the September 11, 2001, attacks.
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Fedex Corp  said on Friday  that the U.S. Internal Revenue Service found that its FedEx  Ground independent contractors should be reclassified as  employees for tax purposes and that the company faced related  taxes and penalties of more than $319 million for 2002.
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Stephen Richards will pay more than $29 million in restitution as part of an accounting fraud at the company.
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CHICAGO  - FedEx Corp.'s  express air shipping unit has been ordered by the U.S. government to repay $29 million in excess funds received under an act established after the Sept. 11, 2001, attacks, the company said on Friday.
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Fedex Corp  said on Friday that the U.S. Internal Revenue Service found that its FedEx Ground independent contractors should be reclassified as employees for tax purposes and that the company faced related taxes and penalties of more than $319 million for 2002.
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Morgan Stanley  agreed to pay $12.5 million to resolve regulatory 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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The settlement resolves regulatory charges related to e-mails Morgan Stanley said were destroyed in the September 11, 2001, attacks, but in fact were saved on backup files.
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Passengers cheated in price-fixing scam will receive $200m compensation after airlines agree settlement
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Victims of the Sept. 11 attacks received more than $38 billion in compensation - a figure 30 times the size of the largest previous disaster payout and one that is unlikely to be matched, according to a Rand Corp.
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Victims of the Sept. 11 attacks received $38.1 billion in compensation, with insurance companies picking up the largest portion of the tab, according to a study released Monday.
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FedEx Corp.'s  express air shipping unit has been ordered by the U.S. government to repay &#36;29 million in excess funds received under an act established after the Sept. 11, 2001, attacks, the company said on Friday.
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The United States on Monday offered rewards of up to $5 million each for a member of Lebanese Hezbollah and a member of Palestinian Islamic Jihad, both of which the United States regards as terrorist groups.
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antor Fitzgerald, the brokerage firm that lost 658 employees in the Sept. 11 attack, has sued Saudi Arabia, charging that the kingdom &quot;provided funding and material support and substantial assistance&quot; to Al Qaeda and Osama bin Laden.
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Libya's assurances to the United States that it will complete a disarmament program could lead to a Libyan payment next week of more than &#36;1 billion to families of Pan Am 103 victims, a State Department official said Friday.
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The public corporation that owns the site of New York City&#39;s destroyed World Trade Center says it intends to hold Saudi Arabia liable for the September 11, 2001 attacks that toppled the complex.