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Sarbanes-Oxley News & Developments
Ex-CFO of WorldCom to Forfeit EstateLike Bernard Ebbers before him, Scott Sullivan has agreed to relinquish most of his assets toward the settlement of a shareholder lawsuit.
> > Scott Sullivan, the former chief financial officer of WorldCom Inc., has agreed to forfeit his Boca Raton estate and his retirement fund to settle a class-action lawsuit for his role in the$11 billion accounting fraud at WorldCom.
Source: CFO
Published:2005-07-28
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