Search Results for: restitution

US District Judge Denise Cote gave preliminary approval Monday to a civil settlement that would have convicted former WorldCom CEO Bernard Ebbers forfeit as much as $45 million in personal assests in order to avoid...

Wire services are reporting that former WorldCom CEO Bernard Ebbers , convicted of fraud in March for his part in an $11 billion accounting scandal, will forfeit as much as $45 million worth of personal...

The Israeli government has released a report setting material damages to the Jewish people during the Holocaust between $240 billion and $330 billion. The report is the first of its kind, including not only the...

Leading Wednesday's corporations and securities law news, KPMG LLP , the US unit of accounting firm KPMG International , has agreed to pay $22.5 million to settle with the SEC over charges that it allowed...

Emil Alperin et al. v. Vatican Bank, United States Court of Appeal for the Ninth Circuit, April 19, 2005 [ruling that claims made by Eastern European survivors of the Holocaust against gold and other holdings of the World War II...

The International Court of Justice , the principle judicial organ of the UN, will begin hearing oral arguments Monday in the case of Armed Activities on the Territory of the Congo (Democratic Republic of the Congo v. Uganda). The...

A Berlin administrative court Friday dismissed the title and reparation claim of Germany's largest department store operator, and ordered the government to pay compensation directly to the heirs of a Jewish family that owned property taken by the Nazi...

Leading Friday's corporations and securities law news, the New Hampshire Bureau of Securities Regulation filed a complaint against AEFA, the personal finance advisory unit of American Express Co. , for failing to disclose to investors that...

The plaintiffs in a major lawsuit against former directors of WorldCom announced Wednesday that a proposed settlement under which the directors would have personally repaid company investors $18 million of a $54 million total has broken down....

Leading Wednesday's corporations and securities law news, Putnam Investments , the eighth-largest US mutual fund company, may have to increase the restitution it had agreed to pay investors as part of the massive securities fraud at the company....