UA settlement to try to quiet the matter. Can't say I'm surprised.
Originally Posted by
Baze
And the terms will likely be under a non-disclosure agreement so we will probably never know what he got.
There will be ways to know the scale of the money, even with the involved parties abiding by non-disclosure terms.
Originally Posted by
spin88
Ditto, other than having litigated with him and his firm.
Well played.
I would
think UA would need to disclose the amount (assuming it is material) with their financials. I wonder if one can then back engineer a guess from the total of the line it was included in?
Don't count on an EDGAR filing being all that useful. There are ways to figure out a reasonable estimate of the amounts or the amounts in ways that don't rely upon UAL's SEC compliance filings (be they an 8-K, a 10-Q or 10-K).