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...quarter of the nation's securities-fraud suits are brought against California-based firms. One target was Centigram Communications Corp. of San Jose, which was sued after its stock dropped from $14 to $11 in late 1994. Lerach accused company officials of dumping stock nine months earlier. Although a judge threw out all but one charge, Centigram decided, after nearly a year of fighting, to settle for $1.5 million, a typical corporate approach. "We did an economic analysis," says president and CEO George Sollman. "I calculated that going into court and trying this would cost us between...

Author: /time Magazine | Title: LITIGATION VALLEY | 11/4/1996 | See Source »

...traitorous textbook" into which aspersions against wine have "crept " according to Deputy Barthe, is The Natural Sciences, a work containing the statement: "Cognac in one-centigram doses can kill a large...

Author: /time Magazine | Title: Foreign News: Traitorous Textbooks | 4/28/1930 | See Source »

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