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Court Ruling on Nortel January 14th, 2013
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January 15, 2013
On January 14, 2013, the Ontario Superior Court, Judge Frank Marrocco ruled that Nortel’s top three financial executives — Frank Dunn, Douglas Beatty and Michael Gollogly — are not guilty of fraud affecting public markets because Crown prosecutors failed to prove the trio “misrepresented” the telecom giants financials a decade ago to trigger bonuses.
Nortel_Final_Judgment 2013
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