[comp.sys.atari.st] News, no comment

to_stdnet@stag.UUCP (08/31/88)

From: thelake!steve@stag.UUCP (Steve Yelvington)

According to the New York Times, Atari Corp. has sued the former 
officers of the Federated Group, which Atari acquired for $64.1 million 
last year. The suit contends that Atari was defrauded of $43 million
through misrepresentation of the company's assets. The suit also names 
Ernst & Whinney, the accounting firm for Federated, and Goldman, 
Sachs & Co., the investment banker that advised Federated in the deal.



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