Thanks largely to Richard Bagley, Northrop-Gruman paid the federal government over $111,000,000 to settle a claim against its recently acquired subsidiary TRW. That was in 2003. This month, a US District Court ruled that Mr. Bagley is entitled to a refund of the taxes that he paid on his share of the settlement. He had received $36,651,295 of which $18,477,815 was paid to attorneys.
Thanks largely to Richard Bagley, Northrop-Gruman paid the federal government over $111,000,000 to settle a claim against its recently acquired subsidiary TRW. That was in 2003. This month, a US District Court ruled that Mr. Bagley is entitled to a refund of the taxes that he paid on his share of the settlement. He had received $36,651,295 of which $18,477,815 was paid to attorneys.
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