The Canadian Press

2013-01-14 | Nortel-Fraud-Trial

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Three former Nortel executives -- CEO Frank Dunn, CFO Douglas Beatty and controller Michael Gollogly -- were found not guilty of fraud, nearly a decade after being accused in a book-cooking scheme designed to trigger 12.8-million dollars in bonuses and stocks for themselves at the fallen Canadian technology giant. Beatty's lawyer, Greg Lafontaine said the judgement was correct. (The three former executives were each charged with two counts of fraud. All had pleaded not guilty.)

Date: 2013-01-14
Placeline: Toronto, ON, Canada
Source: The Canadian Press
Length: 8 seconds

Transcript Prediction: << we're ecstatic result the integrated judgment dedication to Mr no front of north myrtle >>

Clip ID: 20130114CPCN001