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Lawsuit halves executive bonuses

Site: http://www.washingtonpost.com/wp-dyn/business/A44801-1999Nov9.ht

Whoops! Generous stock bonuses for corner-office fat cats may not be as reliable as once thought. Ariana Cha's recent article in the Washington Post covers the shareholder lawsuit against three executives at Computer Associates, the third-largest software maker in the country. The decade's bull market has done wonders to boost the stock holdings of numerous corporate officers, much to the dissatisfaction of company stockholders. Will this court decision be the needle that bursts the big-bonus bubble? Get the details here.

Tue, 16 Nov 1999 13:35:03 -0800

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