Path: utzoo!utgpu!water!watmath!clyde!att!osu-cis!tut.cis.ohio-state.edu!mailrus!ames!amdahl!ems!pwcs!stag!daemon
From: to_stdnet@stag.UUCP
Newsgroups: comp.sys.atari.st
Subject: News, no comment
Message-ID: <577@stag.UUCP>
Date: 31 Aug 88 08:36:19 GMT
Sender: daemon@stag.UUCP
Lines: 13

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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