ROANOKE TIMES
Copyright (c) 1997, Roanoke Times
DATE: Thursday, January 9, 1997 TAG: 9701100047
SECTION: BUSINESS PAGE: B-5 EDITION: METRO
DATELINE: WHITE PLAINS, N.Y.
Texaco fired one executive, kept another on suspension and dropped benefits for two retirees Wednesday for their secretly recorded comments degrading minorities and suggesting lawsuit documents be destroyed.
The retirees include Richard Lundwall, the executive who made the tapes and released them to plaintiffs in the race-discrimination lawsuit. Texaco, facing the threat of a boycott after the tapes were made public, quickly settled the case for $176 million.
Lundwall is the only Texaco executive charged so far in a federal investigation into whether documents sought by the plaintiffs were destroyed, as is suggested on the tapes.
-Associated Press
LENGTH: Short : 25 linesby CNB