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. 

See the list of all the 2002 Most Influential People



Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE