WorldCom Investors Settle
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A federal judge approved a $2.575 billion settlement of a class-action lawsuit by WorldCom investors who claimed they were defrauded by Citigroup, the second-largest settlement ever in a securities fraud case. When the tentative pact was announced by Citigroup in May, it was for $2.65 billion, but the agreement presented to the judge was reduced by $75 million. Investors accused Citigroup of hiding WorldCom's financial risks when it helped sell $10 billion of WorldCom debt in 2001.
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Blog: IBM and SEC reach settlement in stock options expensing disclosure case. No fines or monetary penalties for company.
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Three companies that manage and market Pimco stock mutual funds have agreed to pay a total $20.6 million to settle allegations that they failed to disclose their use of fund assets to pay brokerages for steering customers to the funds.
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Time Warner pays to settle securities fraud charges. Also: The FCC says yes to wireless internet for airline passengers & hellip;.  Google wins trademark lawsuit against Geico & hellip;. and more.
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Qwest Communications International Inc., the regional telecommunications company, agreed Thursday to pay $250 million to settle allegations that it improperly booked millions in revenue and that senior managers sought to cover it up.
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Qwest Communications International Inc., the fourth-largest US local-telephone provider, agreed to pay $250 million to settle US Securities and Exchange Commission allegations that it
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There&#39;s a report that the Securities and Exchange Commission and Time Warner are close to a settlement over accounting questions at the media giant&#39;s America Online unit.
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Time Warner Inc. TWX.N and Comcast  Corp. CMCSA.OQ said on Monday they had agreed to a pact  giving Comcast an option to cut its interest in Time Warner  Cable Inc. in exchange for stock in a Time Warner subsidiary  that will hold cable systems and cash.
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Qwest Communications International Inc. has tentatively agreed to pay $250 million to settle fraud allegations by federal regulators, a union official said Friday - a move that could help lift a cloud that
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NEW YORK, Aug. 26 -- Wall Street passed a significant milestone on Thursday, as two investment banks agreed to pay a combined $100 million to settle charges that they published overly bullish research reports on questionable companies to win their investment banking business.
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Qwest Communications International  Inc. Q.N has agreed to pay $250 million to settle financial  and disclosure fraud charges, a source familiar with the matter  said on Friday.
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Three former Global Crossing Ltd. officials, including former chairman Gary Winnick, have reached a tentative settlement with securities regulators over an alleged failure to disclose information about the telecommunications company's swap transactions, according to two sources briefed on the deal.
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Thursday&#39;s agreement between Qwest Communications and federal regulator settles allegations of &quot;massive financial fraud&quot; at a price of $250 million.
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The Securities and Exchange Commission reached a settlement today with the Walt Disney Company over the company&#39;s failure to disclose its relationships with various board members as well as with an airline controlled by a director.
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Qwest Communications International Inc. yesterday agreed to pay $250 million to settle Securities and Exchange Commission charges that the company fraudulently booked $3.
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Qwest Communications International Inc.  has agreed to pay &#36;250 million to settle financial and disclosure fraud charges, a source familiar with the matter said on Friday.
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Settle down, investors. Things are going just fine.