2 Executives Settle In Securities Case Involving Greek Gas Company

(November 3, 2023, 10:40 AM EDT) -- NEW YORK — A federal judge in New York granted final approval of two class settlements, one by a Greek billionaire who founded a marine fuel logistics company and one by the company’s former chief executive officer, both with a retirement fund that accused the company and certain of its executives of defrauding investors over an eight-year period by overstating its income by manipulating financial results with hundreds of millions of dollars in fake transactions....