Talk:Jerome Swartz
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Jerome Swartz - Symbol Settlement Press Release
[edit]This edit request has been answered. Set the |answered= or |ans= parameter to no to reactivate your request. |
"Dr. Swartz said in a statement that the internal investigation made it clear that improper finance and accounting activites occurred while he was chairman." The New York Times, July 8, 2003,Two Symbol Officials Quit Amid Fraud Investigations
|ans= The Truth Is... (talk) 18:31, 26 May 2014 (UTC)
I would also like to see the referenced articles that were taken down last Aug, Sept and more recently. Thank you. The Truth Is... (talk) 18:33, 26 May 2014 (UTC)
The Truth Is... (talk) 16:24, 25 May 2014 (UTC)
- Not done: please establish a consensus for this alteration before using the
{{edit semi-protected}}
template. "Dr. Swartz said..." implies that your only source for this is PRIMARY and therefor not likely RELIABLE. — {{U|Technical 13}} (t • e • c) 16:46, 25 May 2014 (UTC) - Partially done: I've added a short summary based on the NYT article and statement from the Securities and Exchange Commission. I won't try to judge which other sources meet RS, but these two clearly do. Djr32 (talk) 20:36, 25 May 2014 (UTC)
Jerome Swartz Settles Insider Trading Suit and other suits with Symbol and Plaintiff's
Outlining settlement specifics with Swartz, Symbol Technologies, Inc, press release stated, "The agreement calls for Swartz to pay $4 million in cash to the class to settle the Pinkowitz and Hoyle class action lawsuits. In addition, and subject to his dismissal from the Gold case, Swartz has agreed to pay $7.2 million in cash to Symbol and to forfeit stock options having a value of $2.9 million or to exercise those options and pay approximately $2.9 million in cash or stock to the Company. This settlement with Swartz is in addition to his agreement in July 2003 to relinquish approximately two years of salary, bonus and stock options remaining under his prior employment agreement. The class action claims against Swartz individually were settled subject to court approval. No Criminal Complaint Filed Against Symbol Technologies 2004-6-3 HOLTSVILLE, N.Y. "http://www.symbol.com/news/pressreleases/misc_nocriminal_complaint.html"
Jerome Swartz along with other top executives of Symbol was accused of insider trading, issuing materially false and misleading statements, in violation of securities laws along with other allegations in a another law suit. Gold Vs. Symbol Technologies, Inc., Symbol Technologies, Inc. 10-Q SEC Report, 7/30/2004, http://www.sec.gov/Archives/edgar/data/278352/000095013604002381/file001.txt The Truth Is... (talk) 00:23, 2 June 2014 (UTC)The Truth Is... (talk) 22:39, 2 June 2014 (UTC)