April 25, 1997 |
Comsat Corp. said that it sued its former chief executive, Bruce Crockett, alleging a scheme linking him to businessman Herbert Denton and two companies that proposed a fight for control of Comsat. Bethesda, Md.-based Comsat, a global provider of communications services and products, is seeking more than $20 million in damages and injunctive relief from the defendants. The defendants include Providence Capital Inc. and Wyser-Pratte Inc. and a number of unidentified individuals.
April 5, 1997 |
Julian Robertson Jr., one of the nation's biggest hedge-fund managers, is suing New York-based McGraw-Hill Cos. for $1 billion over an allegedly defamatory profile in BusinessWeek. Robertson, chairman of Tiger Management Corp., also based in New York, filed papers in a New York state court accusing BusinessWeek's publisher, McGraw-Hill, reporter Gary Weiss and Editor in Chief Stephen Shepard of making "false and defamatory statements" in the weekly magazine's April 1, 1996, edition.
September 27, 1994 |
Health Net Chairman Roger Greaves and five other top executives with the big health maintenance organization are suing the state Department of Corporations for blocking their company's plan to award Greaves and 28 other executives $65 million in stock incentives.
August 16, 1994 |
Executives Indicted Over Baby Products: Some of the Luv N' Care brand pacifiers and rattles broke too easily, creating pieces that could choke a baby, while others had protruding pieces that a child might choke on, according to the criminal indictment. Nouri Edward Hakim, his brother Joseph H. Hakim and their companies are charged with violating the federal Hazardous Substances Act. The companies are Luv N' Care Ltd., Luv N' Care International Inc. and Panda Knits Inc.
February 23, 1994 |
Another former top executive of Baldwin Builders has begun legal wranglings with the beleaguered Newport Beach home builder. Former Orange County division President Geoff Fearns, who resigned from the company in November, has filed an arbitration action against Baldwin. The action accuses the company's owners of breach of contract, forced resignation and fraud.
March 9, 1996 |
Escalating a long-running international dispute over purloined trade secrets, General Motors Corp. on Friday sued its former purchasing czar and the chairman of Volkswagen for allegedly conspiring to steal vital vehicle product and pricing data. The suit, filed in U.S. District Court in Detroit, breathes fresh life into a three-year battle that began in 1993 when the big German auto maker lured Jose Ignacio Lopez de Arriortua away from Detroit for a top job with VW in Wolfsburg, Germany.