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To: Amy J who wrote (67383)3/16/2005 1:42:22 AM
From: Amy J  Respond to of 77400
 
The suit could break new ground for directors, who have not generally been held accountable in court for wrongdoing in securities fraud cases.

Last month, a tentative $54 million settlement with 10 former WorldCom directors unraveled after a judge refused to approve it. The deal was considered novel because it would have required the ex-directors to pay part of the settlement out of their own pockets.

money.cnn.com