Sentence examples for unauthorized compensation from inspiring English sources
Mr. Kozlowski and the company's former chief financial officer, Mark Swartz, were later indicted on charges that they defrauded Tyco by awarding themselves and others unauthorized compensation, mostly in the form of bonuses and loans that were later forgiven.
Prosecutors, as well as the company, contend that Mr. Kozlowski defrauded Tyco by awarding himself and others unauthorized compensation, mostly in the form of bonuses and loans that were later forgiven.
The two men are accused of deceiving the board and stealing $170 million by taking unauthorized compensation from Tyco loan programs and making $430 million from sales of Tyco stock.
Prosecutors say Mr. Kozlowski and Mr. Swartz stole $170 million from Tyco by claiming unauthorized compensation and forgiven loans, and made another $430 million on their Tyco shares by lying about the conglomerate's financial condition from 1995 into 2002.
Last month, Tyco sued Mr. Kozlowski for at least $730 million, seeking repayment of outstanding loans; unauthorized compensation he paid to other employees, including Mr. Swartz; and all income and benefits he got from 1997 through his resignation in June.
The Tyco Two are accused of "stealing" $170 million from the company itself in the form of unauthorized compensation, and reaping $430 million more by covertly selling shares of Tyco while "artificially inflating" the value of the stock.
If Al were around, maybe Wepner would not have had to file a $15 million lawsuit in Jersey City last Wednesday against Stallone, the actor and creator of the five "Rocky" motion pictures, for "unauthorized use" of Wepner's right of publicity without compensation or consent in "Rocky," its sequels and several "Rocky -related enteRocky -related
Like Metallica, the American heavy-metal group that has infuriated many of its own fans by railing against unauthorized copying, top-selling European musicians say the measures would provide at least some compensation for what they view as an epidemic of music piracy.
The company's board has revoked more than $41 million in compensation for Mr. Stumpf, for overseeing sales goals so unrealistic that thousands of workers opened unauthorized accounts to meet them.
