A group of Enron investors fronted by the University of California has gotten $2 billion out of Citigroup as it agreed to pay this amount to settle a lawsuit.
Enron Investors Squeeze $2 Billion Out of Citigroup
Citigroup has agreed to settle a class action lawsuit from Enron investors, and pay $2 billion. The company was accused of having a role in a big accounting fraud scandal at Enron.
Paid Search Advertising Forecast To Reach $5.6 Billion In 2005
Recently, the numbers for online advertising for the first quarter of 2005, and they did not disappoint. On Thursday, the same results specifically for search engine advertising were released and these numbers left little doubt about the strength of search engine advertising.
Citigroup Pays $2 Billion To Settle Suit Over Role in Enron Scandal
A group of Enron investors have managed to squeeze $2 billion out of Citigroup as it agreed to pay this amount to settle a lawsuit. Citigroup along with several other banks, was accused of having a role in a big accounting fraud scandal at Enron.
Citigroup Forks Out $2 billion To Settle Enron Suit
Citigroup has agreed to pay $2 billion to Enron Corp. to settle a class action lawsuit from investors. Citigroup was accused of having a role in a big accounting fraud scandal at Enron.
Web-Based Ad Spending Reaches $2.8 Billion
As online advertising continues its rise as one of the preferred methods for delivering your message, the amount of money being spent on web-based advertising is increasing as well.
Washington Mutual Buys Providian in a $6.45 billion Deal
Washington Mutual announced that it is has entered an agreement to buy Providian Financial in a stock and cash transaction totaling nearly $6.45 billion.
Morgan Stanley Ordered To Pay $1.4 Billion, Confident About Appeal
Yesterday, Morgan Stanley was ordered by a Florida jury to pay investor Ron Perelman an additional $850 million bringing the total to $1.4 billion in damages.
Morgan Stanley Gets Hammered For $1.4 Billion
Morgan Stanley was ordered today by a Florida court to pay an additional $850 million to billionaire investor Ron Perelman. This brings the total to $1.4 billion in damages.
UPS To Pay $1.25 billion for Overnite
UPS is acquiring carrier Overnite in a $1.25 billion cash transaction. UPS is paying $43.25 per share for the company that will expand its ground services.