Former members of the Siemens-Managing Board prepared to reach a settlement

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Former members of the Siemens-Managing Board prepared to reach a settlement

28.08.09 - 13:38 ... source : Siemens

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... Munich, Germany, 2009-Aug-28 Siemens is on the point of concluding an agreement with three former members of the Managing Board with respect to the claim for damages in connection with the investigation of the corruption affairs. Siemens and the former members of the Managing Board are concerned to avoid years of conflict over the claims and to regulate the matter to mutual satisfaction. Klaus Wucherer, Rudi Lamprecht und Edward G. Krubasik are prepared to reach a settlement with Siemens in November 2009 and – in addition to payments from D&O-Insurance and independently of their volume – to each ...» Next (HTML)

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