Global Restructuring Review - Cross-border restructuring and insolvency legal news, features and events

Nine years on, Nortel directors cleared of securities fraud

By Declan Bush

13 April 2018

A US judge has dismissed a securities fraud class action against two former directors of bankrupt Canadian telecoms group Nortel over their statements ahead of the company’s 2009 collapse.

Nine years on, Nortel directors cleared of securities fraud New York's courthouse and justice building.