The lawsuit stems from an accounting scandal that forced the telephone
company to restate billions of dollars in revenue.
Details of Szeliga’s proposed settlement in principle, reached with SEC
officials in Denver, were not disclosed in a status report filed over the
weekend in court.
Szeliga, former Qwest CEO
Nacchio and five other one-time executives were accused in March 2005 of
orchestrating a massive financial fraud that forced Qwest to restate billions of
dollars in revenue.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements