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Fallen Hollinger COO To Pay $28.7M

Law360 (March 16, 2007, 12:00 AM EDT) -- F. David Radler, the former chief operating officer of Hollinger International Inc., has agreed to pay nearly $29 million to settle fraud charges leveled by the Securities and Exchange Commission.

The deal is awaiting approval from District Judge William T. Hart in the Northern District of Illinois, where Radler agreed to pay about $23.7 million in disgorgement and interest and was ordered to pay a $5 million civil penalty.

The cash will be handed over to the Sun-Times Media Group Inc., which changed its name from...
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