October 17, 2008

IDT CORP: Paid Less than $10.5M Award Under July 2008 Settlement

COMPANIES: IDT Corp
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IDT Corporation and Alfred West, a former employee of the Company, on July 11, 2008 entered into a settlement agreement, under which Mr. West was paid an amount less than the US$10.5 million award.

On April 18, 2008, a federal jury…

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LOCATIONS: New Jersey | North America | United States