Word: settlements
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Harvard and its star economist Andrei Shleifer ’82 said on Monday they had reached a tentative settlement with the U.S. government in a five-year-old fraud suit that has spanned two continents and embarrassed both the University and the professor...
...terms of the settlement were not announced, and the parties said several details still need to be resolved. At a hearing in U.S. District Court on Monday, Judge Douglas P. Woodlock gave the parties 60 days to ink the deal...
...September, Hay’s lawyers said they were near a settlement with the U.S. Department of Justice. But Shleifer and the University continued to fight the government until Monday...
Lawyers on both sides of the case would not comment on the agreement, and there was no indication as to the extent of damages or whether Harvard, Shleifer, or Hay would admit wrongdoing under the settlement. Spokespeople for Harvard and the U.S. district attorney's office said that the terms of the settlement would be made public once it is signed...
Yesterday’s hearing, originally scheduled for March, was postponed four times, most recently on the first of this month. That delay, according to a Harvard official who has been briefed on the case, was a public-relations move intended to push the settlement announcement until after Commencement, when the news would receive less attention...