Eighteen former Enron directors have agreed a $168m settlement deal in a shareholder lawsuit over the collapse of the energy firm.
Leading plaintiff, the University of California, announced the news, adding that 10 of the former directors will pay $13m from their own pockets.
The settlement will be put to the courts for approval next week
The US agrochemical giant Monsanto has agreed to pay a $1.5m (£799,000) fine for bribing an Indonesian official.
Monsanto admitted one of its employees paid the senior official two years ago in a bid to avoid environmental impact studies being conducted on its cotton
The US Securities and Exchange Commission (SEC) has accused Mexico’s second-largest broadcaster of involvement in a massive fraud.
The SEC has said TV Azteca’s executives violated US laws on debt, with one executive alleged to have made more than $100m (£53.18m)
The US stock market regulator is investigating troubled insurance broker Marsh & McLennan’s shareholder transactions, the firm has said.
The Securities and Exchange Commission has asked for information about transactions involving holders of 5% or more of the firm’s shares.
Marsh has said it is co-operating fully with the SEC investigation
UBS, Switzerland’s biggest bank, said yesterday it faces legal action from watchdogs for its involvement in one of America’s most extraordinary financial scandals.
The bank has received a so-called Wells Notice from the Securities & Exchange Commission in connection with work it did for HealthSouth, which has admitted to inflating profits by $2.5 billion
Media giant Time Warner is to pay $210m (£108m) to settle charges of securities fraud involving America Online (AOL).
The US Department of Justice has been investigating allegations that AOL conspired with several smaller internet firms to inflate their earnings.
Criminal charges will be deferred for two years, provided the US firm agrees to cooperate with investigators
Vivendi Universal and its former chief executive Jean-Marie Messier have each been fined 1m euros ($1.3m; £690,000) by French regulators.
The fines come after a 15-month probe into allegations the media giant misled investors after a costly acquisition program went wrong
Four executives of German microchip giant Infineon Technologies have pleaded guilty to price-fixing, the US Justice Department has said.
The three Germans and an American will each pay a fine of $250,000 (£129,000) and serve a prison term of up to six months. Infineon agreed in September to pay a fine of $160m after pleading guilty to one count of price-fixing
BAE Systems believes it is not the target of an inquiry by the Serious Fraud Office into false accounting in connection with defence contracts.
In a statement, BAE also said that it may itself have been on the receiving end of illegal activities.
“There is a possibility that BAE Systems may itself have been the victim of a fraud,” the company said
Four former Merrill Lynch employees and an ex-Enron executive have been found guilty of fraudulently inflating the energy firm’s profits.
A jury convicted ex-bankers Daniel Bayly, Robert Furst, William Fuhs and James Brown of fraud and conspiracy.
Ex-Enron finance director Dan Boyle was also found guilty