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Securities And Exchange Commission Suits

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BUSINESS
June 4, 1997 | From Bloomberg News
Sears, Roebuck & Co. said it reached preliminary settlements with 39 states and customers who filed a nationwide class-action lawsuit following the retailer's admission that it wronged customers in bankruptcy proceedings. Sears also said the Federal Trade Commission informed the retailer that it broke the law with some of the practices it used to collect debts from some bankrupt credit-card customers, according to a document filed with the Securities and Exchange Commission.
BUSINESS
February 25, 1992
Quentin T. Wiles of Sherman Oaks, who was ordered by a Texas jury earlier this month to pay $250 million in punitive damages for his role in the collapse of computer disk drive maker MiniScribe Corp., has settled the lawsuit. The precise terms of the settlement were undisclosed, but Wiles' attorney, Dennis E. Kinnaird, said that as part of the settlement the jury award was set aside and some amount of money was paid by Wiles.
NEWS
July 24, 1994 | PAUL LIEBERMAN and SHAWN HUBLER, TIMES STAFF WRITERS
Elizabeth Adams, the notorious Beverly Hills madam, swore to the end that he was "one of the most honorable, decent cops I have ever met," and she had met--and tested--a lot of cops. No less than former Police Chief Daryl F. Gates called him "one of the smartest . . . most innovative detectives I've ever known . . . exactly what you'd want in a detective."
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