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TXU Agrees to Major Governance Changes

In addition to fat fines, companies are settling securities lawsuits for mandated changes to corporate governance structures.

> > TXU is the latest of a growing number of companies that have agreed to significant governance changes as part of securities litigation settlements. Usually shareholders launch the suits following a precipitous drop in the company
Source: CFO


Published:2005-01-26
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Capital Markets Report Urges 404 Fixes
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Wal-Mart Whistleblower Drops Lawsuit
Former executive still has a whistleblower case pending before the Labor Department.

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