P&G
This article was originally published in The Tan Sheet
Executive Summary
Consumer products marketer to pay $49 mil. cash to settle multiple securities class action lawsuits filed against firm in March 2000. Suits, filed on behalf of shareholders who purchased P&G stock between Jan. 25 and March 6, alleged P&G violated SEC regs by issuing false, misleading statements. Firm says it has "always complied fully" with securities laws