Cheniere Energy Inc. Chief Executive Officer Charif Souki, the highest paid executive in the U.S., stands to lose 89 percent of his 2013 compensation if a shareholder lawsuit against his company succeeds.
Oracle Corp. , in a trial that began today against SAP AG , wants at least $2.3 billion in damages for what its German rival acknowledges were a now-defunct unit’s “inappropriate” downloads of Oracle materials.
Tim Cook, Apple Inc.’s chief executive officer, was ordered to give a deposition in a lawsuit claiming the iPhone maker and other technology companies violated antitrust laws by entering into agreements to not recruit each other’s employees.
R. Allen Stanford, standing trial on allegations he led a $7 billion investment fraud, appeared in an October 2008 video shown to jurors in which he decried “damn greed” on Wall Street as the financial crisis deepened.
Google Inc. and Apple Inc. were among seven technology companies that must face a lawsuit claiming they violated antitrust laws by entering into agreements not to recruit each other’s employees, a federal judge said.