WorldCom and Enron Directors Settle Litigation Using Own Funds
Mondaq Business Briefing › United States Law Articles in English (2005)
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WorldCom and Enron Directors Settle Litigation Using Own Funds
Twice in the last week, directors revealed they will have to dig deeply into their own pockets to settle class action litigation. Ten former directors of WorldCom will contribute $18 million of their own money as part of a $54 million settlement with shareholders. And ten former Enron directors are paying...
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