Global Crossing Settles Suit on Losses
Investors and former workers who lost money and their pensions in 2002 collapse of Global Crossing will receive $325 million in settlement of class-action lawsuit; company's founder Gary Winnick will contribute $30 million to settlement; Simpson Thacher & Bartlett, Global Crossing's law firm, will pay $19.5 million, even though firm was not named as defendant; Pender Insurance Co, which insured officers and directors of Global Crossing and its affiliate, Asia Global Crossing, pay bulk of settlement; investors who bought Global Crossing securities beginning in 1999 will receive $245 million and former employees will receive $80 million; tentative settlement will be submitted to final approval hearing before Federal Judge Gerard E Lynch in about three months; photo (M)