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Tag Archives: frank dunn
Don’t Forget the Bigger Picture
As the trial begins today involving the Nortel Three – Frank Dunn, Michael Gollogly and Doug Beatty – it’s important not to forget the bigger picture: the demise of Nortel as Canada’s flagship high-tech company, the thousands of people that it used to employ, and the billions of dollars in shareholder value that evaporated. As [...]
Tough Times for the Nortel Three
With the trial involving fraud allegations against the Nortel Three – Frank Dunn, Doug Beatty and Michael Gollogly – slated to start Monday (although there is a defense motion that may delay it), it was interesting to read a story by the Ottawa Citizen’s James Bagnell about the financial woes of the three executives. Describing [...]
Fewer Charges for You, Nortel Three!
With a trial slated to start on Monday in Toronto, the Crown lawyers going after the Nortel Three – Frank Dunn, Doug Beatty and Michael Gollogly – have dropped four of the seven charges against each of them. The Crown said the charges were eliminated because they were similar to other charges. The Nortel Three [...]
The Crown’s Case Against the Nortel Three
If you’re interested in getting a better handle about case against Frank Dunn, Michael Gollogy and Doug Beatty, here’s the court document filed with the Ontario Superior Court of Justice. The National Post’s Drew Hasselback provides a good summary of the charges, which were laid after Dunn, Gollogy and Beatty allegedly cooked the books to [...]
Posted in Legal Issues Also tagged doug beatty, michael gollogy, ontario superior court of justice Leave a comment
Paperworks Stalls Criminal Prosecution
Lost amid Nortel’s bankruptcy proceedings and the dumping of all of its assets is the fact that criminal prosecution against three ex-Nortel executives – Frank Dunn, Doug Beatty and Michael Gollogly – is still happening. The trio were charged by the RCMP in 2008 for allegedly cooking Nortel’s books to trigger a lucrative bonus structure. [...]
And So the Case Begins…