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For the second time in the past week, a major corporation has settled a lawsuit for $40 million. As we footnoted last week, Dell (DELL) quietly disclosed in its Q that it had settled a shareholder lawsuit for $40 million. And then yesterday, Wal-Mart Stores (WMT) disclosed in its 10-Q that on Oct. 19 it [...]
You wouldn’t have picked this up in Dell’s (DELL) earnings announcement a few weeks ago or in the follow-up conference call, but it was buried in the 10-Q that Dell filed yesterday afternoon: Dell has agreed to settle a long-standing shareholder lawsuit over accounting issues and insider trading by executives to the tune of $40 [...]
It’s been awhile since we’ve checked in on Vonage (VG), the once high-flying alternative phone company whose ads are still all over the place. But last time we checked in, they had just hired former Cingular marketing executive Mark Lefar to serve as CEO. Last August, Vonage had agreed to pay Lefar handsomely — $850K in [...]
For the past few weeks, we’ve been posting more actionable information on our partner site, Research Edge on all sorts of things we’ve found buried in the filings. While the plan is to keep footnoted free and open to all, subscribers will have access to some of our posts earlier. You can get access to [...]
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