Word: lerach
(lookup in dictionary)
(lookup stats)
Dates: during 1991-1991
Sort By: most recent first
(reverse)
...million salary. In 1988 he and Vajna borrowed $8 million. The terms: if the stock topped $11 by August 1989, the loan would be forgiven. Presto! The stock nipped $11 in June before tubing again (it now trades at $8). "The stock was manipulated," charges shareholder lawyer William Lerach. Carolco disputes the allegation...