Bankruptcy

Willfully
Australian patent-holding company QPSX Developments 5 sued Nortel, Juniper Networks, Lucent, Cisco and Alcatel in June 2005 for infringing 5,689,499, in the east Texas. All settled but Nortel...

SEC Settles Earnings Management Charges Against Former Nortel VPs
The SEC announced that Craig A. Johnson, James B. Kinney and Kenneth R.W. Taylor ? who were the vice presidents of finance for the Wireline, Wireless, and Enterprise business units of Nortel Networks Corporation (?Nortel?), respectively ? agreed to settle...

Nortel Phones It In
Toronto-based Nortel Networks, known to hammer competitors with patent litigation suits, spent $560,000 lobbying for patent legislation in 2007; a Canadian company paying for the U...

QPSX v. Nortel settles
QPSX Developments 5 Pty Ltd. v. Nortel Networks, Inc., NO. CIV.A. 2:05-CV-268, the case which resulted in a $28 million verdict last spring, reduced to $11 million by Judge Ward in a post-verdict ruling last week (excluding enhancement) settled earlier...

QPSX v. Nortel JMOL/Remittitur opinion reported
QPSX Developments 5 Pty Ltd. v. Nortel Networks, Inc., 2008 WL 728201(E.D.Tex. Mar 18, 2008) (NO. CIV.A. 2:05-CV-268) Judge: T. John Ward Holding: Defendant's Motion for Judgment as a Matter of Law DENIED; Remittitur GRANTED I posted on this last...

Former Nortel Executives Hit With Criminal Charges
Source: InformationWeek Daily Newsletter, June 20, 2008. Former Nortel Executives Hit With Criminal Charges"A former Nortel Networks chief executive and two of his lieutenants were charged on Thursday with fraudulently misstating financial results as the telephone equipment maker struggled to right itself after the tech bubble burst in 2001...

How to Stop Home Foreclosure
Bankruptcy can Stop Foreclosure

Lehman Brothers
Bankrupt, Files Chapter 11

Nortel
faces class action over changes to employee pension plan

Nevada Onion
Workers Injured, EPA Files Complaint

Harris Stratex Networks, Inc
401(k) / ERISA Stock Fraud

AireSurf Networks Holdings Inc.
$23,147 debt settlement made by issuance of 115,735 common shares.

Health Insurance
alleging health insurance companies have forced patients to pay more than they should when using doctors and hospitals outside their insurer's networks.