class action

 

Apple Settles Claims Over iPhone 4 Problems

Multiple lawsuits were filed in 2010 after consumers started experiencing dropped calls and other reception problems on their iPhone 4 when they held the device a certain way.

Ebbers to Forfeit Assets

Bernie Ebbers, the former chief executive of WorldCom Inc., will have lost more than his freedom if he goes to jail for his role in the $11 billion accounting fraud that brought the telecom titan into the largest bankruptcy in U.S. history. Most of Ebbers assets will be distributed to WorldCom shareholders and bondholders under […]

WSJ: Former WorldCom Board Members Reach Settlement Agreement

Eleven former board members of WorldCom Inc. agreed to personally pay $20.2 million to settle a lawsuit related to the telecommunications carriers accounting fraud, the Wall Street Journal reported Monday. The agreement is among the settlements reached in a class-action lawsuit headed up by New York State Comptroller Alan Hevesi, the newspaper reported. Under the […]

Business News – Billing Concepts Discontinues Separation of Businesses; Court Dismisses Lawsuit

Posted: 11/1999 Billing Concepts Discontinues Separation of Businesses; Court Dismisses Lawsuit San Antonio-based Billing Concepts Corp. will discontinue the proposed separation of the company’s LEC (local exchange carrier) Billing and Software businesses into two separate public companies, according to a decision by the company’s board of directors. The company will continue to operate as Billing […]

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