Tag: fraud

The SEC brought a fraud action against a company and its Chairman and President for defrauding company shareholders out of more than $110 million in the sale of their shares to the company by paying prices which were as much …

SEC SUES PRIVATE FIRM AND ITS CEO FOR FRAUDULENT STOCK REPURCHASES Read More »

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The collapse of MF Global was a key topic on Capital Hill this week. Lawmakers heard testimony from the former chairman of the firm as well as FINRA. In other congressional hearings the SEC Enforcement Director told a committee that …

THIS WEEK IN SECURITIES LITIGATION (December 9, 2011) Read More »

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