October 1, 1986
The Beverly Hills-based group, which already owns 8.4% of Computer Memories, includes Cantor, Fitzgerald & Co. executives Bertram Cohen and Jay Goldinger. The group said it is one of four parties to express an interest in buying the 15.6% stake of Computer Memories held by Intel Corp., the Chatsworth company's biggest shareholder. Computer Memories, once a leading maker of computer disk drives, has been liquidating its assets following IBM's decision last year to stop buying its products.
August 8, 1997 |
Three more brokerages--Jefferies & Co., Cantor Fitzgerald and Montgomery Securities--agreed to pay a total of $45 million to settle a 1994 class-action lawsuit that alleged price-fixing on the Nasdaq Stock Market, attorneys said Thursday. With the latest settlements, six of the 37 brokerages named in the suit have agreed since April to pay $98.9 million overall to settle the complaint. Other settlements are expected in the next few weeks, said investor attorney Robert A. Skirnick.
February 1, 2002 |
The widow of a carpenter killed in the World Trade Center collapse has died of breast cancer, orphaning the couple's two young sons. Karen Diaz, 35, died Wednesday. Her husband, Matthew, 33, was killed Sept. 11. He had been installing tile in the 105th-floor offices of Cantor Fitzgerald, which lost more than 600 of its employees in the terrorist attack. Karen Diaz's mother, Florence Kneff, struggled with how to break the news to her grandsons Michael, 7, and Christopher, 4.
September 14, 2001 |
Morgan Stanley Dean Witter & Co. said fewer than 15 of its 3,700 employees in the World Trade Center are missing after the terrorist attack that destroyed the twin towers. Some companies, such as Cantor Fitzgerald and Keefe, Bruyette & Woods Inc., were almost wiped out, and Bank of America Corp. said eight out of 408 people there remained unaccounted for. Lehman Bros. Holdings Chief Executive Richard Fuld said one of his company's 618 World Trade Center employees is unaccounted for.
CALIFORNIA | LOCAL
January 4, 2003 |
The Greek Orthodox Archdiocese of America has finished disbursing nearly all of the $2.1 million raised to help victims of the Sept. 11 terrorist attacks. Church leaders said final checks worth $280,000 had been written to 14 Greek Orthodox widows. Many Greek Orthodox parishioners rallied around the fund when the tiny St. Nicholas Greek Orthodox Church was destroyed by falling rubble from the World Trade Center.
September 26, 2001 |
Cantor Fitzgerald, the bond trader that lost more than 730 employees in the attack on the World Trade Center, told the five surviving members of its corporate bond group it will move the department to London. "We have been offered to move to London," said Richard Berman, a member of the group. Mike Holloway, a spokesman for the firm, declined to comment. The firm, which was on the 101st, 103rd, 104th and 105th floors of the trade center, is trading government bonds out of temporary offices.