Securities and Exchange Commission News

Production delays on the 787 Dreamliner could cost Chicago's Boeing Co. billions in late fees, industry analysts said. via The Post Chronicle

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Two paper companies with operations in Maine, NewPage and Verso, have filed for public ownership. via WLBZ

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Billionaire Kirk Kerkorian announced a tender offer for 20 million shares of Dearborn, Mich., automaker Ford Motor Co. via The Post Chronicle

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“He's clearly someone who's very calm, willing to listen and effective in meetings”

The Washington University law professor nominated by President George W. Bush to the Securities and Exchange Commission is described as "a brilliant scholar" who will make significant contributions to SEC ... via STLtoday

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“In fact, McKnight's Legisi program was just that, a scam from beginning to end”

The Securities and Exchange Commission obtained an emergency court order freezing the assets of an alleged perpetrator of an Internet Ponzi scheme that reaped $72 million from 3,000 investors in the United ... via InvestmentNews

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Santa Clara-based Marvell Technology will pay ten million dollars to settle allegations of improper backdating of stock options. via KCBS

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A vice president of hospital operator Community Health Systems Inc. sold 12,000 shares of common stock, according to a Securities and Exchange Commission filing. via Canadian Business Magazine

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“The company is surprised and disappointed that ArcelorMittal would file such a frivolous lawsuit.”

ArcelorMittal has sued Esmark Inc., the parent company of Wheeling-Pittsburgh Steel Corp., and a joint venture that was trying to buy a Maryland steel plant for $540 million, alleging breach of contract. via The Intelligencer

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A director of brewer Anheuser-Busch Cos. Inc. exercised options for 165,788 shares of common stock, according to a Securities and Exchange Commission filing Tuesday. via Canadian Business Magazine

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“Marvell and Ms. Dai are pleased this chapter is closed and are focused on moving forward”

Securities regulators today hit Santa Clara-based Marvell Technology Group and its co-founder with civil securities charges for backdating stock options from 2001 to 2004, a practice that resulted in ... via San Jose Mercury News

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