Univ. of Calif. Reaches Settlement with Lehman
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The University of California said on  Friday that Lehman Brothers has agreed to pay $222.5 million to  settle a class action suit for the bank's role in the sale of  Enron Corp. securities to it and other plaintiffs.
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Lehman Brothers Holdings Inc. (LEH) 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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Fremont Investment Advisors of San Francisco has agreed to pay $2.1 million in restitution and $2 million in civil penalties to end a mutual fund timing case, New York Attorney General Eliot Spitzer announced Thursday.
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SAN FRANCISCO (CBS.MW) -- Lehman Brothers agreed to pay $222.5 million to settle an Enron securities class action suit, the University of California said Friday.
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U.S. investment bank Lehman Brothers  Holdings Inc. LEH.N on Wednesday said fourth-quarter profit  rose 22 percent on continued strength from fixed-income  businesses and record investment banking revenue.
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SAN FRANCISCO (CBS.MW) -- Deutsche Bank (DB) and Thomas Weisel Partners settled a Securities and Exchange Commission investigation into alleged conflicts of interest over the firms&#39; research and investment banking activities.
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Bee Staff Writer. In the latest crackdown on conflicts of interest on Wall Street, federal and state regulators said Thursday that they&#39;ve obtained a $100 million settlement from two investment
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Parmalat agrees a settlement with Italian bank Intesa Sanpaolo over the bankruptcy of the dairy group in 2003.
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New York State tax officials have settled their case against the Yankees shortstop Derek Jeter, who they said owed three yearsâ worth of resident income taxes.
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â¢American International Group, Inc. reported that AIG Financial Products Corp., a subsidiary, has reached an $80 million settlement with the Department of Justice concerning charges that stemmed from structured
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Judge Lewis A. Kaplan of Federal District Court in Manhattan gave final approval to a $50 million partial settlement by Banca Nazionale del Lavoro of Italy and units of the Credit Suisse Group in an investor lawsuit over the collapse of the Italian dairy company Parmalat in 2003. Banca Nazionale and units of Credit Suisse each will pay $25 million and make corporate governance changes. The judge also approved expenses of $6 million for lawyers of the plaintiffs.
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HOUSTON Wall Street brokerage Lehman Brothers has agreed to pay 222-and-a-half (M) million dollars to settle an Enron-related class-action lawsuit.
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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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Two California technology companies resolved civil charges related to tampering with stock option awards, agreeing to hand over millions of dollars, the first financial penalties that regulators have imposed in a vast corporate-pay investigation.
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Zurich Financial Services said Monday it had reached a settlement with liquidators of California-based Superior National Insurance Group, ending a long-standing dispute.
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Lehman Brothers Holdings Inc. LEH.N  Chairman and Chief Executive Richard Fuld received $26.3  million in compensation last year, a 33 percent increase from a  year earlier, as profit rose to a record.
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OAKLAND, Calif. (Sports Network) - On the day that Jose  Guillen and the Anaheim Angels were to appear in front of an  arbitrator, the two sides reached an undisclosed financial  settlement Friday.