View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
June 25, 1987

TEN EX-EMPLOYEES SEEK $240M IN DAMAGES FROM NCR

By CBR Staff Writer

Any advance on $240m? That is the ludicrous sum in damages being sought from NCR Corp by those 10 former employees who were given their cards after they were found to have been buying options in NCR shares: they feel thoroughly hard done by because they reckon that they acted only on published data on the company, and because although NCR did not come right out and accuse them of anything worse than poor judgement, it publicised the incident with suggestions of insider trading, making it a hot media story, and made it difficult for the Dayton 10 to persuade prospective future employers of their probity; for good measure, the 10 are also suing MIS Week and its parent Fairchild Publications, which is part of Capital Cities, which also owns the ABC TV network.

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy Policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications.
THANK YOU