© 2024 MICHIGAN PUBLIC
91.7 Ann Arbor/Detroit 104.1 Grand Rapids 91.3 Port Huron 89.7 Lansing 91.1 Flint
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Judge Approves Settlement Between WorldCom, Regulators

A federal judge approves a partial settlement between WorldCom and the SEC in which the company accepts allegations of fraud and agrees to close monitoring of its corporate governance and its accounting controls. The judge defers a decision on penalties. NPR's Jim Zarroli reports.

Copyright 2002 NPR

Jim Zarroli
Jim Zarroli is an NPR correspondent based in New York. He covers economics and business news.