November 02, 2011
Progress Energy Inc. struck a settlement Wednesday to end a lawsuit alleging it stiffed holders of its contingent value obligations some $42 million by adopting an improper tax position in 2005 in violation of an agreement related to an earlier merger.
August 11, 2011
Progress Energy Inc. was accused Tuesday in New York of stiffing holders of its contingent value obligations some $42 million by adopting an improper tax position in 2005, in violation of an agreement related to an earlier merger.