Vivendi, Former CEO Settle Fraud Charges
Vivendi Settle Fraud Charges. Vivendi Universal SA, the French conglomerate, agreed yesterday to pay a $50 million penalty and its former chief executive, Jean-Marie Messier, said he would surrender his $25 million severance payment as part of a settlement with the Securities and Exchange Commission to resolve securities … [Read more...] about Vivendi, Former CEO Settle Fraud Charges
Tyco Sues Its Former CEO
Tyco Sued Its Former Chief Executive. Tyco International Ltd. today sued its former chief executive, L. Dennis Kozlowski, and former chief financial officer Mark H. Swartz, alleging that they made more than $40 million in "short-swing" stock trades. The lawsuit, filed in Manhattan federal court, alleges the two men made dozens of … [Read more...] about Tyco Sues Its Former CEO
