Dissolution of the companyliquidationsystem of legislativeintentisto settleclaims anddebts of the company to protect the interests of the company andcreditors.
In 2007 Morgan Stanley agreed to settleclaims in a class action suit alleging discrimination against thousands of female employees in compensation and promotion.
Sources in media reports say Qwest (nyse: Q - news - people ) would neither admit nor deny committing fraud to settleclaims that it swapped fiber optic capacity with other carriers and improperly booked the transactions to inflate revenues.