Word: settlements
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Dates: during 1980-1989
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Both Apple and Jobs had hoped to avoid a suit, but a proposed settlement collapsed after days of negotiation. Neither side will reveal precisely what caused the final break. Jobs states that he had agreed not to solicit any more Apple employees for a year and to refrain for six months from hiring any who approached...
...choice but to sue. "We only did this very grudgingly," said General Counsel Albert Eisenstat. The corporation's directors feared that if they did not take legal action against Jobs, they could themselves be sued for failing to protect the interests of Apple shareholders. Still, an out-of-court settlement remains possible. "We're always willing to listen," says Eisenstat. The company would undoubtedly like to avoid any public perception that it is beating up on the old boss...
...there is a redeeming element of human interest, it is the people of the Mesabi Iron Range, who play themselves as the descendants of the Finnish town settlement. There are some wonderful scenes of June's visits with an ancient Finnish woman, picking berries, relaxing in an outdoor sauna, and sharing a mutual unspoken wisdom in a language of their own. The incongruity of these visits, far from distracting, offers moments of genuine refreshing documentary that are welcome relief from the hammering proletarian-minded conscientiousness of the jarring town scenes. Despite its oppressive air, Wildrose hints at an unconscious beauty...
...former prosecutor in Alameda County, Calif., Meese prides himself on being tough on crime. But two widely publicized cases have led to criticism that he is soft on well-connected criminals. In May the Justice Department accepted a settlement allowing the E.F. Hutton brokerage company to plead guilty to a massive check- kiting scheme, but declined to seek indictments of any of the firm's officers, although Hutton was fined $2 million. Meese has also had to defend the Justice Department's protection of Jackie Presser, the president of the International Brotherhood of Teamsters and the only major union boss...
Robins' shareholders will not get off lightly. The firm's stock has dropped to 8 1/4 from a 1983 peak of 29 3/8. Since April, Robins has paid no dividends. Conceivably, the stockholders might have to give up a portion of their shares to a settlement fund, as in the Manville plan...