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Nortel settles SEC accounting fraud lawsuit
October 15, 2007 by James M Yoch Jr
The US Securities and Exchange Commission (SEC) filed suit on Monday against Nortel for fraudulent accounting practices and also reached settlement with the telecommunications giant. The lawsuit, filed in the US District Court for the Southern District of New York, alleged that Nortel engaged in.... [more]
Former Nortel telecom executives facing securities fraud probes in US, Canada
March 12, 2007 by Caitlin Price
The US Securities and Exchange Commission (SEC) filed fraud charges Monday against former executives of Canadian telecommunications manufacturer Nortel Networks, accusing the corporation of misleading investors. The complaint, brought in the US District Court for the Southern District of New.... [more]
Motorola sues incoming Nortel head for stealing trade secrets, breach of contract
October 20, 2005 by Christopher G. Anderson
Motorola has filed a lawsuit against the incoming CEO of Nortel Networks, claiming the Canadian telecommunication equipment company's move to hire its former chief operating officer will inevitably result in the use and disclosure of Motorola's trade secrets. Nortel hired Mike Zafirovski....... [more]
SEC fraud accusations denied by Mexican broadcasting company
January 5, 2005 by Bernard Hibbitts
TV Azteca, Mexico's second largest broadcaster, said Wednesday that civil fraud charges announced against it and its top executives yesterday by the US Securities and Exchange Commission were false and alleged that the SEC was pursuing it to distract attention from its own failing in policing co....... [more]
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