TORONTO, May 22 (UPI) -- Nortel Networks Corp. agreed to pay $1 million to settle the Ontario Securities Commission's probe of its accounting-fraud charges, the regulator said Tuesday.

NEW YORK, March 12 (UPI) -- U.S. securities regulators Monday charged Nortel Networks' former Chief Executive Frank Dunn with cheating investors out of billions of dollars.

TORONTO, Feb. 8 (UPI) -- Toronto-based Nortel Networks Corp. said Wednesday it will incur a charge to earnings of $2.47 billion to settle two class-action lawsuits.

TORONTO, Feb. 3 (UPI) -- Nortel Networks, seeking to get back about $13 million of bonuses from three former executives, has sued them saying they breached their fiduciary duty.

BRAMPTON, Ontario, April 29 (UPI) -- Employee morale took another blow as Canadian telecommunications equipment firm Nortel Networks Corp. fired top executives, the Globe and Mail reports.