$200M Settlement Reached in Tribune Leveraged Buyout Fraud Case

Real estate billionaire Sam Zell and other former officers and directors of Tribune Co. have reached a $200 million settlement resolving allegations of fraudulent transactions related to the media company’s disastrous 2007 leveraged buyout. Marc Kirschner, a litigation trustee representing …

from News – Insurance Journal http://bit.ly/2Ie72hY
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