Tag: auction rate securities

Following the crash of the market for auction rate securities in early 2008, regulators as well as private litigants brought a series of suits against the brokerage houses which sold the securities. Typically the suits claimed that sells had misrepresented …

ANOTHER ARS CASE IS REJECTED Read More »

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The SEC and the NY AG have been successful in settling a series of market crisis cases centered on the collapse of the auction rate securities market in March 2008. In litigation both regulators have experienced more difficulty however. Earlier …

THIS TIME IT IS THE NY AG WHOSE ARS CASE WAS DISMISSED Read More »

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