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The facts, as far as they may be discerned, are these: Mr. Sichrovsky supports the restitution settlement for Nazi victims approved unanimously this year by the Austrian Parliament and worth close to $500 million; Mr. Muzicant calls it inadequate, saying it offers "only three or four cents on the dollar for many Jewish losses".
Representatives of Swiss commercial banks and Holocaust survivors are expected to present the final details of a $1.25 billion restitution settlement to a federal judge next week after two of the largest banks agreed to give the survivors' lawyers access to databases containing information on 2.1 million Nazi-era accounts, the lead lawyer for the survivors said yesterday.
A4 Swiss Banks Holocaust Offer Representatives of Swiss commercial banks and Holocaust survivors are expected to present final details of a $1.25 billion restitution settlement to a federal judge next week, after two of the largest banks agreed to give the survivors' lawyers access to databases containing information on 2.1 million Nazi-era accounts, the lead lawyer for the survivors said.
The restitution settlement covered one instance of mishandled trading.
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24 NEW YORK/REGION 33-38 Holocaust Funds in Dispute The process of distributing $10 billion in restitution settlements negotiated decades after the Holocaust has set off arguments about how fairly and swiftly they are being spent and how much will reach survivors before they die out.
The D.O.J. also boasts that "Since FY 2011, the Department of Justice's financial fraud enforcement efforts have resulted in at least $185 billion in civil and criminal forfeitures, restitution, civil settlements and other penalties".
Some will argue that the restitution in this settlement should be limited to the harms caused by robo-signing.
Mr. Milken, who pleaded guilty to securities fraud in 1990, served nearly two years in prison, paid more than $1 billion in fines, penalties, restitution and civil settlements and was barred from the securities business for life.
Mr. Milken, who pleaded guilty to six counts of securities fraud in 1990, served nearly two years in prison; paid more than $1 billion in fines, penalties, restitution and civil settlements and was barred from the securities business for life.
In an agreement with state and federal courts, Mellon Financial 's Dreyfus asset management unit agreed to settlement and restitution over front-running claims.
Her work investigating the wireless industry's business practices brought about a first of its kind settlement and restitution for California consumers, administrated by the California Attorney General.
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