Three former Nortel execs charged with fraud

Three former executives from Nortel Networks were criminally charged in Canada with misstating the company's financial results in 2002 and 2003, according to the Royal Canadian Mounted Police. Frank Dunn, former chief executive, along with former CFO Douglas Beatty and ex-controller Michael Gollogly were each charged seven different fraud-related counts. Article [1] (WSJ sub. req.)