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Federal prosecutors say they're closing a two-year investigation of backdated stock options at Costco Wholesale Corp. without filing charges. U.S. Attorney Jeff Sullivan in Seattle notes that Costco, based in Issaquah, fully cooperated with the...
Ben Little was laid off from his paving job without a paycheck this father of two is struggling to care for his family and keep his mortgage lender from taking his house. "I got like 25 days before I lose my house my two kids," said Little. Ben turned...
Tags: Auction Service, Mortgages
SANTA ANA - A federal judge ruled against a no-jail plea agreement Monday involving Anaheim Ducks owner and Broadcom co-founder Henry Samueli for lying to government investigators. U.S. District Court Judge Cormac J. Carney wrote that the deal calling...
Tags: Prosecution, Trials, Lawyers, Crime, Law and Justice, Punishment
Daily PressWall Street typically cheers companies offering buyouts and early retirement to workers as a logical step toward improved efficiency. Mergers in telecommunications, technology and oil have produced a flood of employee buyouts. Perhaps the biggest ever is...
Times Staff WritersThe world's richest art organization was facing hard times in spring 2003. On a Wednesday in late March, seven security managers were called into a conference room at the J. Paul Getty Trust's hilltop campus in Brentwood and told that their positions had...
Special to the TribuneEntrepreneurial retirement-planning dreams often go something like this: Build business, sell business for huge profit at retirement to a larger corporation, live on the proceeds. But what if the white knight isn't coming? Nuts-and-bolts retirement...
LOS ANGELES -- Former KB Home Chief Executive Bruce Karatz pleaded not guilty in federal court this morning to charges that he secretly backdated stock options to enrich himself, then concealed the scheme from regulators and investors. Karatz, 63,...
Tags: Los Angeles Times, Trials, Prosecution, Lawyers, Los Angeles
The Hartford CourantRamani Ayer, chairman and CEO of The Hartford, pulled down $9 million in compensation for 2008 — a large chunk of it from old stock options — as the company's stock price plunged 81 percent during the year and layoffs began. In addition, Ayer...
Tribune staff reporterIt's hardly a model for other activist shareholders to follow. Dissatisfied with the gradually sinking price of Tribune Co. shares, the Chandler family of California put the company in play, hoping an auction might boost the value of their major stake in...
Feb 13, 2009 |Story| KCPQ-LTV
Dec 15, 2008 |Story| WPMT-LTV
Sep 8, 2008 |Story| KTLA-LTV
Apr 23, 2006 |Story| Daily Press
Jul 30, 2006 |Story| Tribune Media Services
Jun 10, 2005 |Story| Los Angeles Times
May 16, 2006 |Story| Chicago Tribune
Jan 14, 2007 |Story| Tribune Media Services
Mar 30, 2009 |Story| KTLA-LTV
Apr 4, 2009 |Story| Hartford Courant
Jul 1, 2007 |Story| Tribune Media Services
Apr 4, 2007 |Story| Chicago Tribune
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