Articles tagged with: Securities and Exchange Commission and Nortel

Former Nortel CEO, CFO, Controller Charged With Fraud

Three former Nortel executives have been criminally charged in Canada with misstating the networking giant's financial results in 2002 and 2003, the Royal Canadian Mounted Police said.  more

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Nortel Executives Charged with Fraud

The USA's Securities and Exchange Commission has filed civil fraud charges against four former senior executives of Nortel Networks for repeatedly engaging in accounting fraud to bridge gaps between Nortel's true performance, its internal targets and Wall Street expectations. more

Related Tags: nortel-networks, chief-financial-officer

Nortel Ex-CEO Entitled To Get $2 Million Lump-Sum Severance

WASHINGTON -(Dow Jones)- Nortel Networks Corp. said Friday that former Vice Chairman and Chief Executive William A. Owens is entitled to a $2 million lump-sum payment equivalent to two years of salary.  more

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