Word: lawsuits
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...million: Amount that Harvard has agreed to pay the U.S. government to settle a lawsuit alleging that economics professor Andrei Shleifer ’82 defrauded a federal agency...
...million: Amount that Shleifer will pay the U.S. government to settle the same lawsuit. $3 billion: Amount invested in Bracebridge Capital, the hedge fund run by Shleifer’s wife, according to comments she made at an April 2006 University of Chicago conference...
...Summers said in a March interview that he “skimmed” McClintick’s piece. But many professors read it closely—particularly parts suggesting that Summers shielded his close friend Andrei Shleifer ’82, an economist implicated in the government lawsuit, from disciplinary action.“The story, if true, is damning to Harvard,” according to McKay Professor of Mechanical Engineering Frederick H. Abernathy.Nearly five decades after McClintick launched his journalistic career at Harvard radio WHRB’s then-headquarters in the Dudley House basement, his reporting...
...Abernathy, a 75-year-old mechanical engineering professor who rarely spoke at Faculty meetings, asked the president whether he had an opinion on the controversy surrounding economics professor Andrei Shleifer ’82, a personal friend of Summers who had been implicated in a U.S. Department of Justice lawsuit alleging he had defrauded the federal government...
...name has repeatedly appeared in the news because of the family’s accomplishments and donations, it has also drawn negative publicity.Pritzer’s youngest cousin—an actress who starred in “A Little Princess”—filed a lawsuit in 2002 alleging that the her father and other family members mismanaged and diverted money from her trust fund. The younger Pritzker’s suit exposed an ongoing battle by 11 other heirs to divide the family’s $15-billion empire into 11 pieces over...