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View Full Version : Satyam to pay $125 mn to settle US fraud suits - Business Standard



FraudNews
02-17-2011, 06:17 PM
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Satyam to pay $125 mn to settle US fraud suits (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHSgSaIug3ULoCVoj2SmmonJf8OKg&url=http://www.business-standard.com/india/news/satyam-to-pay-125-mn-to-settle-us-fraud-suits/425644/)
Business Standard
Satyam will also pay 25 per cent of any net recovery that it may obtain in future from PricewaterhouseCoopers (PwC) and related entities that helped Satyam founder B Ramalinga Raju perpetrate the fraud, he said. “While 25 per cent will go towards the ...
Satyam seals $125-mn class action deal (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFrjOrVe55Nuh0ngQBxYY9KOtJuLA&url=http://www.hindustantimes.com/Satyam-seals-125-mn-class-action-deal/Article1-663658.aspx)Hindustan Times
Satyam settles US suit for $125m (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFsraNi0Rd9gvFvfJShHcOopPKk4Q&url=http://www.mydigitalfc.com/companies/satyam-settles-us%25E2%2580%2588suit-125m-852)mydigitalfc.com
Satyam to pay $125 million, settle US suit over fraud (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGnh9GpeJV4faGuXaaG3ttAQF8HVw&url=http://economictimes.indiatimes.com/tech/ites/satyam-to-pay-125-million-settle-us-suit-over-fraud/articleshow/7512982.cms)Economic Times
India Infoline.com (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGsTCcQjLXWwa_u3nLLgIWkCAr8Rg&url=http://www.indiainfoline.com/Markets/News/Mahindra-Satyam-moves-higher-after-settling-US-suit-over-fraud/3565396758) -Reuters India (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEI_iA5Cmvr2-O-5aueKSU83pQHFQ&url=http://in.reuters.com/article/2011/02/17/idINIndia-54951720110217) -Moneycontrol.com (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEIE4FgGagm7th0CKFvU9Hnr6UShg&url=http://www.moneycontrol.com/news/business/no-more-pending-litigation-against-mah-satyam-now-nayyar_524106.html)
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