Lehman Settles Suit Over Enron
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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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Wall Street brokerage house Lehman Brothers Holdings Corp. has agreed to pay $222.5 million to settle a class-action lawsuit alleging that it and other banks and brokerages helped the failed energy giant Enron Corp. mislead investors.
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Lehman Brothers (LEH:NYSE - news - research) agreed Friday to pay $225 million to Enron shareholders to settle allegations arising from the company&#39;s 2001 insolvency.
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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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Enron Corp.&#39;s former director of investor relations has agreed to pay $1.49 million to settle fraud charges related to the bankrupt energy company, US securities regulators said on Wednesday.
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Ten former Enron directors have agreed to pay $13 million out of their own pockets as part of a settlement with onetime shareholders.
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Enron's ex-head of investor relations pleads guilty to fraud, pays a penalty of $1.49m and agrees to testify against his ex-bosses.
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Lehman Brothers Holdings Inc. is close to settling a class action lawsuit for $220 million stemming from allegations that it colluded with other brokerages to mislead Enron Corp.
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Former Enron executive Raymond Bowen  agreed to pay $500,000 to settle charges of earnings  manipulation, the U.S. Securities and Exchange Commission said  on Monday.
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Ford Motor has agreed to settle a lawsuit that accused its chief executive of improperly accepting shares in the initial public offering of Goldman Sachs, which agreed to pay $13.
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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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Ernst &amp; Young LLP will pay $40 million to the US Federal Deposit Insurance Corp. and is finishing a settlement to pay $85 million to the Office of Thrift Supervision to settle a case involving
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The University of California said it  settled a class action suit brought against Lehman Brothers for  $222.5 million to compensate it for the investment bank's sale  of securities in bankrupt energy trader Enron Corp. .
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A former assistant treasurer of  Enron Corp. has agreed to pay $300,000 to settle civil fraud  charges related to the company's collapse, the U.S. Securities  and Exchange Commission said on Tuesday.
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National Commerce Financial Corp. said Tuesday that it agreed to settle shareholder lawsuits challenging SunTrust Banks Inc.&#39;s proposed purchase of the financial services company.
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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 once powerful  energy trading company, the lead plaintiff in the case said on  Friday.
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The University of California said on Friday that Lehman Brothers (LEH.N: Quote, Profile, Research) has agreed to pay $222.5 million to settle a class action suit for the bank&#39;s role in the sale Enron Corp.