On Feb 22, 8:25 pm, Roy Schestowitz <newsgro...@xxxxxxxxxxxxxxx>
wrote:
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> Herhold: Gary Reback's new book argues for antitrust action
>
> ,----[ Quote ]
> | When the full history of Silicon Valley is written, attorney Gary Reback will
> | occupy a spot halfway between a modern-day Tom Paine and Paul Revere. Nobody
> | was more responsible than the 59-year-old Tennessee native for the legal
> | assault on Microsoft a decade ago.
> |
> | [...]
> |
> | Reback was there for almost all the key battles — defending Apple in its
> | fight with mail-order merchants; holding Borland's standard against Lotus
> | before the U.S. Supreme Court; persuading the government to question the
> | Microsoft-Intuit deal, and of course, persuading Justice Department officials
> | to sue Microsoft as a monopolist.
> `----
>
> http://www.mercurynews.com/scottherhold/ci_11700122
>
> Recent:
>
> Ballmer ordered to testify in 'Vista' case
>
> ,----[ Quote ]
> | A federal judge ordered Microsoft CEO Steve Ballmer to testify in a
> | class-action lawsuit revolving around Microsoft's marketing prior to the
> | launch of its Windows Vista operating system.
> `----
>
> http://blog.seattlepi.nwsource.com/microsoft/archives/155137.asp
>
> Related:
>
> Microfraud?
>
> ,----[ Quote ]
> | THE ALLEGATIONS WERE shocking: For years, Microsoft has systematically
> | distorted its profit figures in an effort to consistently beat Wall Street
> | expectations and keep its stock price steadily rising. The false reports
> | would violate SEC regulations, and amount to outright fraud.
> |
> | More shocking was the source of the allegations: Microsoft's chief of
> | internal audits, Charlie Pancerzewski, who reported directly to the company's
> | chief financial officer.
> |
> | Most shocking of all was what happened to Pancerzewski when he reported the
> | suspicious bookkeeping to his supervisors, Microsoft CFO Mike Brown and chief
> | operating officer Bob Herbold, in the spring of 1995. Soon afterward,
> | Pancerzewski—who for nearly five years had received stellar performance
> | evaluations—received his first-ever unsatisfactory one, and was eventually
> | forced to resign.
> |
> | Two months ago, Microsoft quietly settled a lawsuit containing these
> | allegations, filed in 1997 by Pancerzewski under the Whistleblowers
> | Protection Act. The auditor claimed he was wrongfully terminated after
> | telling his supervisors that Microsoft might be breaking securities and tax
> | laws. The lawsuit made its tortuous way through several rounds of pretrial
> | motions until last fall, when US District Judge Carolyn Dimmick denied
> | Microsoft's final plea for summary judgment, finding credible evidence that
> | Microsoft may have violated SEC rules, as Pancerzewski alleged. Shortly
> | thereafter, Microsoft and Pancerzewski settled out of court. Terms of the
> | agreement were sealed, but one source who claims familiarity with the case
> | says that Microsoft paid Pancerzewski $4 million.
>
They got off cheap, as usual. At least they didn't get to pay him in
vouchers.
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