· In a notorious City case, Tullett & Tokyo Liberty employee Laurent Weinberger won more than £100,000 in out-of-court settlement for accusations of treatment that included being made to wear Nazi uniform as a punishment and months of anti-Semitic abuse.
PAGE B1 MADOFF REACHES CIVIL SETTLEMENT Bernard L. Madoff agreed to a partial settlement of civil accusations that he ran a $50 billion Ponzi scheme, though it does not affect the criminal securities fraud charges that were also filed against him.
Lawyers in a class-action suit on behalf of doctors accused Cigna, the health insurer, today of corruption and collusion in reaching a settlement of racketeering accusations in Illinois with another set of lawyers, and a federal judge said that he would decide soon on a request for an injunction.
The agreement, a settlement of an accusation before the California Board of Accountancy, requires Ernst & Young to pay the board as much as $100,000 and to pay the costs of educational seminars on ethics and independence that will be offered to all accountants in the state.
Last month the agency formally revived that principle in its settlement with Edison of accusations that the company had provided inaccurate information about its past revenue and maintained inadequate financial controls.
The Barclays settlement on Wednesday of accusations it manipulated a key interest rate involves many, many incriminating emails suggesting the bank catered to its traders' needs, to the point that it ran afoul of regulations.
Microsoft fell $1.49, to $49.42, after the company agreed to refrain from accounting violations as part of a settlement with the Securities and Exchange Commission of accusations that it misstated results.
Reliant Resources and the Federal Energy Regulatory Commission have reached a settlement regarding accusations of manipulative trading practices during the 2000-2001 California energy crisis.
Time is running out for some former customers of the Providian Financial Corporation, a large credit card issuer, to cash checks from one of the biggest settlements involving accusations of overbilling and deceptive consumer practices.
