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News tagged with 'Enron Collapse'

Arthur Anderson's Parent Company Settles Fraud Lawsuits
Posted by Staff Writer
August 28, 2002 12:00 AM

Arthur Anderson's parent company, Anderson Worldwide, agreed to pay $60 million Tuesday to settle legal suits stemming from the Enron Corporation scandal. According to the settlement's stipulations, the Swiss-based company will pay $40 million to plaintiffs involved in several class-action lawsuits and $20 million to

Employees File Class-Action Against Enron
Posted by Staff Writer
January 30, 2002 12:00 AM

Former and current Enron employees who were allegedly betrayed by company management over the last several months are fighting back. On Monday, 400 employees filed a class-action lawsuit against the one-time oil and gas giant and its former auditor, Arthur Anderson. The company's retirement plan trustee, Northern Tru

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