WorldCom directors 'to pay $54m'
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Ten former WorldCom board members   agree to pay $54m (Â£28.85m) to settle their part in a class action lawsuit brought by investors, reports say.
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Qwest Communications International Inc., the regional telecommunications company, agreed Thursday to pay $250 million to settle allegations that it engaged in &quot;massive financial fraud&quot; by improperly booking $3.
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Viacom said it would pay its new chief executive $2 million in salary, as a way to limit cash compensation and tie most of the compensation to the performance of ViacomÂs stock.
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Canada's largest cable company, Rogers Communications Inc., said Monday it will pay &#36;1.33 billion for the 34 percent stake in Rogers Wireless Communications Inc. owned by longtime American partner AT&amp;T Wireless Services Inc.
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NEW YORK, Sept. 7 -- A federal judge has ordered former WorldCom Inc. chief executive Bernard J. Ebbers to report to prison on Sept. 26 to begin serving a 25-year sentence for accounting fraud.
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A landmark settlement that had 10 former WorldCom directors agreeing to pay $18 million from their own pockets was scuttled on Wednesday.
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A European Union court is set to rule this week on a &#36;120 billion deal MCI-WorldCom made during the height of the go-go years that still resonates today.
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The former chief executive of Invesco Funds Group has agreed to pay &#36;500,000 to settle civil fraud charges relating to improper trading at the mutual funds company, his lawyer said Wednesday.
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Qwest Communications International Inc. has agreed to pay $250 million to settle financial and disclosure fraud charges, the US Securities and Exchange Commission said Thursday.
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Ten former directors of WorldCom have agreed to pay $18 million of their own money to settle a lawsuit by investors.
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By Dane Hamilton and Justin Hyde WASHINGTON/NEW YORK  - Federal regulators have launched an investigation into creditor actions in the WorldCom bankruptcy, demanding thousands of documents from bondholders related to the largest U.S. bankruptcy, according to court documents.
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WorldCom Inc.'s former controller  testified on Thursday that chief executive Bernard Ebbers  apologized to him just days after accountants were first  ordered to cover up $800 million in expenses.
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NEW YORK, Jan. 11 -- In an unusual legal move, a group of Wall Street banks has challenged the settlement announced last week between 10 former WorldCom Inc. directors and plaintiffs in a class-action shareholder lawsuit filed after WorldCom collapsed into bankruptcy court in 2002 following charges of widespread accounting fraud.
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News Corporation will receive a $US496 million ($A677 million) windfall from a complex restructure of the Latin American satellite pay television industry that will result in greater
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Former WorldCom Inc. finance chief  Scott Sullivan began his long-awaited testimony on Monday by  implicating ex-CEO Bernard Ebbers in an $11 billion accounting  scandal that drove the telecommunications company into the  largest U.S. bankruptcy.
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A federal judge on Friday approved  Citigroup Inc.'s $2.6 billion settlement with  WorldCom Inc.  investors who lost billions when an accounting scandal plunged  the telecommunications company into bankruptcy protection.
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The Securities and Exchange Commission on Monday announced it has awarded four contracts worth a total $54 million for its program meant to make the information that companies are required to disclose in SEC filings easier for the public to find and understand.