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...to be picking up steam. Prosecutors indicted two executives Wednesday, including former chief financial officer Scott Sullivan, and signaled that three other executives were prepared to plead guilty and cooperate with investigators. Their...
...manipulating the company's books, sources close to the investigation said Wednesday. If charges are filed against Scott Sullivan, former chief financial officer, and former controller David Myers, the action would come just six weeks after...
...of the latest crackdown on shady accounting practices in the nation's boardrooms. Former chief financial officer Scott Sullivan, 40, and former controller David Myers, 44, surrendered to the FBI on Thursday. They were released on bail...
...to an additional charge stemming from the multibillion dollar swindle, his lawyer said. Prosecutors say Myers and Scott Sullivan, the former chief financial officer at WorldCom, directed employees to falsify balance sheets to hide more than...
...Mets right-hander Rick White ($1.15 million). And in a deal late Tuesday night, Cincinnati right-hander Scott Sullivan agreed to a $6.95 million, three-year contract. The hearing for New York Yankees closer Mariano Rivera, scheduled...
...integrity of the management of the company." He said he understands WorldCom's former chief financial officer, Scott Sullivan, has acknowledged he never told the accounting firm about the questionable bookkeeping. Sullivan invoked his Fifth...
...to set a trial date. Anders spoke to the judge during the arraignment of former WorldCom chief financial officer Scott Sullivan and accounting executive Buford Yates Jr. Both men pleaded innocent to securities fraud charges; a pretrial hearing...
...questions about the company's growth and finances. WorldCom also announced Tuesday that its chief financial officer, Scott Sullivan, has been fired. In addition, the company said it would lay off 17,000 workers beginning Friday. The news could...
...The lawyers said information came to them from Scott Sullivan, WorldCom's former chief financial officer, who...Ebbers did not know about the accounting decisions of Scott Sullivan to reassign billions of dollars." Weingarten said...
...required to strengthen this company," he said. One of those changes was the firing of former chief financial officer Scott Sullivan, who appears to be at the center of Tuesday's accounting disclosure. WorldCom reported that $3.8 billion was...