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Rating:E*Trade Give Back Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, May 24, 2002

RETURN POLICY
E*Trade Give Back

by: Tony Pennino

It started when an E*Trade shareholder sued the firm for "gross mismanagement". Now, following weeks of negotiations, Christos Cotsakos, ceo at E*Trade, has agreed to return $21 million of the $77 million he was paid last year, according to an article in The Boston Herald. The firm also has to consult with the plaintiff's attorneys as to a new director who will sit on E*Trade's compensation committee. 

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