New York wants court approval of a $100,000 settlement to resolve a whistleblower’s allegations that global headhunter Egon Zehnder defrauded the state of $13.25 million in corporate franchise cases.
The settlement “guarantees a recovery for the state,” avoids “substantial litigation risk” from the court’s rulings on the allocation of income and transfer pricing, and allows the state to “devote its resources to higher-priority matters,” the state said in a memorandum supporting its motion for approval filed Tuesday with the US District Court for the Southern District of New York.
There is a substantial risk the court could ...
On Friday, April 10, 2026, the U.S. Department of Justice (DOJ) announced that International Business Machines Corporation (IBM) has agreed to pay just over $17 million to resolve allegations that ...