Andrews Corporate Officers and Directors Liability Litigation Reporter
August 28, 2000
Copyright (c) 2000 Andrews Publications
FEDERAL COURT IN BOSTON ORDERS THREE EX-EXECS TO PAY $2.4 MILLION
SEC v. Bingham
In federal court in Boston, three former Alias Research Inc. executives agreed to pay $2.4 million to settle charges by the Securities and Exchange Commission that they inflated the Canadian software company's revenue in 1991 and traded on inside...