Request Legal Help Now - Free

Advertisement
LAWSUITS NEWS & LEGAL INFORMATION

Microsoft

This is a settlement for the Antitrust lawsuit.

The antitrust settlement between Microsoft and the Computer and Communications Industry Association resulted in a $9.75M payment to the CCIA top official. Ed Black, CCIA president, received almost half of the $19.75M payment. Ed Black's payment was approved by the CCIA board, which includes Sun Microsystems, Yahoo and Oracle. The CCIA board agreed the one-time bonus to Mr. Black, as well as a three year contract with a salary of $500,000 a year.

Mr. Black and Microsoft refused to comment on the details. However, the US software group said its payment had been to the CCIA alone and it had had no visibility where the money would go. Microsoft said it would "compensate CCIA for certain legal related costs it has incurred and provide substantial institutional support for new and important policy undertakings." [MSNBC]


Legal Help

If you have a similar problem and would like to be contacted by a lawyer at no obligation, please fill in our form to submit your complaint.

Published on Dec-7-04


ADD YOUR COMMENT ON THIS ISSUE

Please read our comment guidelines before posting.


Note: Your name will be published with your comment.


Your email will only be used if a response is needed.

Are you the defendant or a subject matter expert on this topic with an opposing viewpoint? We'd love to hear your comments here as well, or if you'd like to contact us for an interview please submit your details here.

Request Legal Help Now! - Free