Pilgrim, Baxter to Each Pay $80 Mln in Settlement
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Gary Pilgrim and Harold Baxter, co- founders of the money management firm Pilgrim Baxter &amp; Associates Ltd., agreed to pay record fines of $80 million each to settle regulators&#39; complaints
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International Business Machines Corp.  has settled portions of an ongoing lawsuit related to pensions,  and will take a charge of $320 million in the current quarter,  the technology company said on Wednesday.
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A Roman Catholic diocese in California has made a record settlement in 87 lawsuits by people who claimed they were abused, a source close to the case said on Friday.
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The Roman Catholic Diocese of Orange County, Calif., has reached a settlement with 87 victims of abuse by priests and lay employees that includes the largest payment ever agreed to by the church.
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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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The PIMCO mutual fund group's  adviser and two affiliates will pay more than $20 million to  settle charges involving failure to disclose  payments made to  brokers for promoting PIMCO fund shares, authorities said on  Wednesday.
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The medical products and services company agreed to pay $600 million to settle a lawsuit filed by shareholders accusing it of accounting irregularities and inflated earnings.
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By Bob Mims, The Salt Lake Tribune  Feb. 8--Samsung will pay $90 million to settle a lawsuit filed by 50  states, including Utah, over the alleged fixing of prices for computer memory  chips.   The bulk of the settlement, $80 million, goes directly to consumers.
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Ten former directors tentatively agree to pay $54M -- including $18M out of their own pockets -- to settle part of a class-action securities lawsuit stemming from the company's accounting scandal.
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The founders of PBHG mutual funds  agreed to pay $160 million in restitution and civil fines and  to be banned for life from the securities industry to resolve  allegations they facilitated improper trading in the funds,  regulators said on Wednesday.
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An &#36;80 million settlement was reached Thursday in a lawsuit against a crematory operator by nearly 1,700 relatives of deceased people whose bodies were found strewn across the business' grounds.
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Marsh & McLennan Cos. on Monday agreed  to pay $850 million to settle charges it conspired with  insurers to rig bids, raising hopes the world's biggest  insurance broker can start to move past the scandal.
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ROME, Ga. Aug. 26, 2004 - An $80 million settlement was reached Thursday in a lawsuit against a crematory operator by nearly 1,700 relatives of deceased people whose bodies were found strewn across the business&#39; grounds.
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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 energy trading  company, the lead plaintiff in the case said on Friday.
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Two former fund managers for Putnam Investments of Boston agreed to pay a total of $1.5 million to settle allegations they inappropriately traded mutual fund shares and potentially harmed other fund investors, federal and state regulators said yesterday.
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WASHINGTON (CBS.MW) -- The founders of Pilgrim, Baxter &amp; Associates will pay the Securities and Exchange Commission $160 million to settle charges of undisclosed market timing, the agency said Wednesday.
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THE REGION Massachusetts Attorney General Martha Coakley said Ameriquest Mortgage Co. and its affiliates would pay 20,000 borrowers in the state $13.75 million in restitution as part of a $325 million national settlement of predatory lending charges reached last year. That amount is slightly higher than the $12.2 million Massachusetts officials had previously estimated was due. Coakley's office said it ...