Ellison Agrees to Pay Charity to Settle Suit
13th Sep 2005, 07:41 GMT
Oracle Corp. chief executive Lawrence J. Ellison tentatively agreed to pay $100 million to charity over five years to settle a private lawsuit in California accusing him of insider trading in Oracle stock, a plaintiff's lawyer in the case said yesterday.
Latest news from washingtonpost.com - Technology - Industry News, Policy, and Reviews:
- For Ted Leonsis, a Quest to Find Himself Faster Online
- T-Shirt Turns Air Guitar Into Music
- Motorola Inks $1.6B China Phone Deal
- Caught in the Web
- Internet Firms Seek Rollback of Quote Fees
- What Are the Best Education Blogs?
- AMD Discontinues Low-Cost PC
- Hackers Steal Data From Landis Lab
- PlayStation 3 Not Playing Some Older Games
- TiVo to Expand Internet-Based Content