October 1, 2002 |
Tyco International Ltd. has become a headache for its outside auditor PricewaterhouseCoopers, whose work is being scrutinized by investigators poring over several controversial deals that happened on the accounting firm's watch. PricewaterhouseCoopers said Monday that it is cooperating as an "information provider" with the Manhattan district attorney's office on its probe of Tyco. A spokesman for the firm declined to comment on the information requested.
August 29, 1998 |
Government lawyers spent a second day Friday questioning Microsoft Chairman Bill Gates in preparation for a trial next month of their antitrust suit against the software giant. Gates, the world's richest man with more than an estimated $50 billion in assets, was questioned for nine hours Friday in a conference room at the company's headquarters near Seattle.
August 29, 2010 |
Judge Scott Gordon interrupted the attorney. "You're from Texas?" Gordon asked. In baseball terms, this would be like asking Derek Jeter if he played for the New York Yankees. The attorney, Steve Susman, has been ranked as one of the top 10 trial lawyers in America. Susman had suggested to Gordon how exhibits should be numbered for trial. Susman had described his plan once, then twice, then tried for a third time. Gordon had listened patiently the first two times, then cut Susman off and asked whether he was from Texas.
February 2, 1999 |
Microsoft Corp. integrated a Web browser into its Windows operating system to meet a threat from rival browsers, according to a Microsoft executive's testimony introduced at the company's antitrust trial Monday. The testimony is important because the Justice Department and 19 states charge that Microsoft integrated Internet Explorer into Windows 98 primarily to compete unfairly against a rival browser made by Netscape Communications Corp.
June 15, 1999 |
Microsoft Corp. sought to show at its trial Monday that it faces a competitive threat from America Online Inc. that makes antitrust allegations irrelevant, but the judge was skeptical about its line of questioning. The Justice Department, satisfied that little damage had been done, decided against cross-examining Microsoft's witness. The trial will break until Wednesday, when the software giant's next rebuttal witness will be in Washington.
September 23, 2000 |
Sotheby's Holdings Inc. and Christie's International reached a tentative agreement to pay $512 million to settle a private class-action suit over price fixing, the New York Times reported, citing unidentified lawyers. The two biggest auction houses would each pay $256 million to end claims brought by more than 120,000 buyers and sellers, the paper said, citing the lawyers. The tentative civil settlement might include payments from former Sotheby's Chairman A.
June 4, 1999 |
Microsoft Corp. produced documents at its federal antitrust trial Thursday to challenge the Justice Department's claim that it blocked two important distribution channels for Netscape Communications Corp.'s rival Internet browser.
January 1, 2003 |
Tyco International Ltd. shares surged nearly 12% Tuesday as investors took heart that a massive internal probe failed to find any significant accounting fraud during the regime of indicted former Chairman L. Dennis Kozlowski. "The lawyers and forensic [accounting] teams were playing the role of bomb-sniffing dogs, and they confirmed that there are not any bombs to defuse," said Glenn Reynolds, a credit analyst at research firm CreditSights Inc.
January 23, 2001 |
Designer Calvin Klein and Linda Wachner, chief executive of Warnaco Group Inc., reached an eleventh-hour settlement of their trade infringement battle Monday, avoiding a federal trial and preserving a lucrative partnership. The two fashion heavyweights sealed the deal with a handshake and air kisses in a Manhattan courtroom only minutes before a judge was to begin picking a jury for Calvin Klein Inc.'s lawsuit against Warnaco.