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- The company declined to comment on the criminal cases or whether it had plans to sue former executives.
- Thomas H. Lee Partners in turn sued Refco's auditors and former executives claiming they hid the fraud which caused Refco's collapse.
- Disgraced technology group Olympus is suing 19 former and current executives for up to 3.6bn yen (£30m), as it tries to recover from one of Japan's worst ever corporate scandals.
- Last week, the company sued 19 current and former executives, including the current president, Shuichi Takayama, over their roles in concealing the losses.
- Creating new felonies or making it easier for shareholders to sue chief executives, he has cautioned, would drain corporate America of its risk-taking spirit and take a toll on the economy's growth.
- Federal regulators yesterday sued former top executives of Gateway Inc., accusing them of inflating earnings three years ago to meet analysts' expectations.
- The certification also makes it easier for shareholders to sue executives if accounting problems do surface at a company because plaintiffs will have the sworn statement to use as evidence, securities lawyers said.
- Shareholders have sued executives, for example, for innocuous predictions during company celebrations that the company's profits would rise.
- Shareholders have sued the company, its board and executives in an effort to revoke the stock options that were granted to Mr. McGuire.
- The laws would also make it easier for shareholders to sue executives and board members for damages if they are found guilty of spreading false information.
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