WorldCom Settlement Update, Part IV--$6.061 Billion
The recent settlement by all 12 former WorldCom directors totaling $60.75 million (including $24.75 million out of pocket) bumps the total settlement fund in this case up to $6.061 billion. Now only Arthur Andersen remains as a defendant in the case.
Citigroup: $2.575 billion
J.P. Morgan: $2.0 billion
Bank of America: $460.5 million
Deutsche Bank Securities: $325 million
ABN Amro: $278.3 million
West LB AG: $75 million
Tokyo Mitsubishi: $75 million
Lehman Brothers: $62.7 million
Former WorldCom directors: $60.75 million
Caboto Holding SIM: $37.5 million
BNP Paribas: $37.5 million
Mizuho Int’l: $37.5 million
CS First Boston: $12.54 million
Goldman Sachs: $12.54 million
UBS AG: $12.54 million
TOTAL: $6.061 billion
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