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Sprint settles U.S. class-action lawsuit for $131 million
2015-03-31 19:21:53| Wireless - Topix.net
The all-cash settlement made public on Monday resolves claims that Sprint, former Chief Executive Gary Forsee and other officials fraudulently inflated the company's stock and bond prices between October 2006 and February 2008. Investors said the defendants falsely touted how Sprint was receiving billions of dollars of benefits from the merger and improving its subscriber base by tightening credit standards.
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Sprint settles U.S. class-action lawsuit for $131 million
2015-03-31 18:46:42| IT Services - Topix.net
The all-cash settlement made public on Monday resolves claims that Sprint, former Chief Executive Gary Forsee and other officials fraudulently inflated the company's stock and bond prices between October 2006 and February 2008. Investors said the defendants falsely touted how Sprint was receiving billions of dollars of benefits from the merger and improving its subscriber base by tightening credit standards.
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sprint
lawsuit
settles
Centre Lane Partners Sells CLP Towne Inc. to Forward Air Corporation for $125 Million
2015-03-31 16:47:15| Trucking - Topix.net
Centre Lane Partners, LLC , a New York-based private investment firm, announced that the sale of CLP Towne Inc. to Forward Air Corporation has been completed. The transaction value is $125 million, subject to an adjustment for working capital.
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Centre Lane Partners Sells CLP Towne Inc. to Forward Air Corporation for $125 Million
2015-03-31 16:41:57| Logistics - Topix.net
Centre Lane Partners, LLC , a New York-based private investment firm, announced that the sale of CLP Towne Inc. to Forward Air Corporation has been completed. The transaction value is $125 million, subject to an adjustment for working capital.
Tags: air
million
forward
corporation
FedEx commits $3 million to technology institute
2015-03-30 20:51:28| Air Courier - Topix.net
FedEx Corporate Services Inc. recently made a $3 million commitment over three years to the University of Memphis' FedEx Institute of Technology . The gift coincides with school president David Rudd 's vision for the institute to partner with global technology organizations to advance interdisciplinary research and faculty collaborations.
Tags: technology
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