Cendant Corporation Securities Litigation
GPTKB entity
Statements (108)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:legal_case
|
| gptkbp:action |
yes
|
| gptkbp:business_model |
highlighted
|
| gptkbp:case_outcome |
impactful
favorable to plaintiffs |
| gptkbp:case_significance |
high
|
| gptkbp:case_types |
civil litigation
|
| gptkbp:certification |
granted
|
| gptkbp:class_period |
1997 to 1999
|
| gptkbp:consequences |
ongoing
corporate governance reforms increased regulatory scrutiny far-reaching |
| gptkbp:corporate_accountability |
promoted
|
| gptkbp:corporate_restructuring |
influenced
|
| gptkbp:court |
gptkb:Cendant_Corporation
gptkb:investors shareholders Cendant Corporation executives |
| gptkbp:court_supervision |
required
|
| gptkbp:damage |
billions of dollars
|
| gptkbp:date_settled |
gptkb:2006
|
| gptkbp:discovery |
lengthy
|
| gptkbp:economic_impact |
gptkb:significant
Cendant Corporation's stock price |
| gptkbp:financial_analysts |
involved
|
| gptkbp:financial_institutions_involved |
yes
|
| gptkbp:financial_recovery |
achieved
|
| gptkbp:financial_reports |
scrutinized
|
| gptkbp:has_meetings |
numerous
held |
| https://www.w3.org/2000/01/rdf-schema#label |
Cendant Corporation Securities Litigation
|
| gptkbp:impact |
investor confidence
corporate governance reforms |
| gptkbp:investigates |
gptkb:Securities_and_Exchange_Commission
serious misconduct |
| gptkbp:investment |
enhanced
highlighted affected negatively important. |
| gptkbp:investor_advocacy |
strengthened
|
| gptkbp:investor_rights |
protected
|
| gptkbp:investor_settlements |
gptkb:common
|
| gptkbp:involved_parties |
gptkb:investors
shareholders |
| gptkbp:involves |
gptkb:Cendant_Corporation
securities fraud |
| gptkbp:is_a_document_that |
extensive
|
| gptkbp:is_applied_in |
gptkb:United_States_District_Court
|
| gptkbp:is_debated_in |
valid
increased alleged losses |
| gptkbp:is_visible_from |
mandatory
|
| gptkbp:jurisdiction |
gptkb:United_States_federal_law
|
| gptkbp:law_enforcement_involvement |
yes
|
| gptkbp:legal_issue |
faced
|
| gptkbp:legal_outcome |
monitored closely
|
| gptkbp:legal_principle |
class action lawsuit
|
| gptkbp:legal_representation |
law firms
|
| gptkbp:litigation_costs |
substantial
|
| gptkbp:litigation_duration |
several years
|
| gptkbp:major_city |
gptkb:complex
court required approximately $2.85 billion |
| gptkbp:media_coverage |
extensive
|
| gptkbp:notable_feature |
high-profile settlement
|
| gptkbp:notable_figures |
gptkb:Walter_Forbes
gptkb:Henry_Silverman |
| gptkbp:outcome |
settled
|
| gptkbp:precedent |
gptkb:Set
yes future securities litigation cases |
| gptkbp:production_company |
merged with other companies
faced multiple lawsuits faced reputational damage formerly known as CUC International had a complex corporate structure had a significant market presence had to address shareholder concerns had to implement compliance measures had to manage investor relations headquartered in New Jersey operated in travel and real estate sectors restructured after litigation was affected by market conditions was impacted by legal outcomes was involved in corporate restructuring. was involved in financial reporting issues was involved in various industries was publicly traded was scrutinized by analysts was subject to investigations |
| gptkbp:provides_oversight_for |
emphasized
|
| gptkbp:public_interest |
high
|
| gptkbp:public_reaction |
gptkb:significant
|
| gptkbp:publication_year |
gptkb:2000
April 2000 |
| gptkbp:reform |
advocated
|
| gptkbp:regulatory_compliance |
prompted
|
| gptkbp:related_cases |
other securities fraud cases
|
| gptkbp:related_to |
merger and acquisition activities
accounting irregularities merger activities |
| gptkbp:revenue |
gptkb:significant
substantial |
| gptkbp:settlement_distribution |
to affected investors
|
| gptkbp:witnesses |
testified
|
| gptkbp:year |
gptkb:2000
|