Word: settlements
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Attorney Michael J. Sullivan said in a statement Wednesday that the settlement was fair punishment for the defendants’ breach of contract...
...settlement came more than a year after a judge in U.S. District Court found Shleifer and Hay liable for making personal investments in Russia while advising the program for the now defunct Harvard Institute for International Development. Conflict-of-interest provisions in their contracts with the government strictly prohibited such investments, which totaled several hundred thousand dollars...
...told, defendants in the case will fork over at least $31 million to settle the government’s suit. That includes last year’s $1.5 million settlement with FFIA, a firm owned by Shleifer’s wife, Nancy Zimmerman...
...part of Wednesday's settlement, Shleifer and Hay agreed to a two-year disbarment by USAID, prohibiting them from participating in any of the agency’s programs. But neither Shleifer nor Hay acknowledged any wrongdoing...
Documents released by the government Wednesday indicated that Shleifer had mortgaged his home in Newton, Mass. yesterday in order to pay a first installment of $600,000 in the settlement...