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56 min ago | Bloomberg
Richard Handler , the chief executive officer of Leucadia National Corp. , will join the board of Folger Hill Asset Management LLC as his company commits $400 million to the fund.
ERISA lawyers know that employee benefit plans offered by state and local governments to their employees are not subject to ERISA, the federal law that generally governs benefit plans of private employers.
A lawyer for Texas tycoon Sam Wyly and his late brother Charles' estate told a federal judge on Friday that a U.S. securities regulator's demand for $729 million in damages for a fraudulent offshore scheme would "bankrupt" them.
SEC charges AirTouch with fraud in revenue recognition scheme The Securities and Exchange Commission, or SEC, announced charges against AirTouch, a Newport Beach, California-based telecommunications equipment company and its two former executives accused of improperly recognizing as revenue more than $1M worth of inventory that was shipped to a ... (more)
For one of the largest trading firms on the Nasdaq Stock Market, the last two months have not been easy.
Bi-Lo Holdings LLC has withdrawn its 2013 filings to take the grocer public. The registration withdrawal filed Tuesday with the Securities and Exchange Commission reads: "The Company has determined not to pursue the contemplated public offering at this time."
Citigroup Inc has been sending hedge fund firms letters informing them that it cannot sell investments in hedge funds and private-equity funds to clients after a deal with the Securities and Exchange Commission, the Wall Street Journal reported.
Ixia today announced that its board of directors has appointed Bethany Mayer as president and chief executive officer effective the day after Ixia becomes current in its periodic filings with the Securities and Exchange Commission .
A Republican lawmaker slammed the Securities and Exchange Commission over leaks of confidential information to media outlets, including Reuters, calling the disclosures "unacceptable."
The U.S. Securities and Exchange Commission is suing a former Colorado Springs woman for allegedly defrauding more than 40 investors in several states of nearly $800,000 through smartphone ventures.
The U.S. Securities and Exchange Commission is suing a former Colorado Springs woman for allegedly defrauding investors in several states of nearly $800,000 in a smartphone venture.
The Securities and Exchange Commission today announced a settlement in which Bank of America admits that it failed to inform investors during the financial crisis about known uncertainties to future income from its exposure to repurchase claims on mortgage loans.
UBS O'Connor LLC, the $5.6 billion hedge-fund unit within Switzerland's biggest bank, sold most of its stakes in U.S. real estate investment trusts during the second quarter after the companies delivered some of the highest stock-market returns in the past year.
CEO Mark Ahn was fired by the board of directors at a special meeting held Monday, according to a source close to the company.
Iteris, Inc. , a leader in providing intelligent traffic management information solutions, today reported the following summary of unaudited condensed consolidated financial information for its first fiscal quarter ended June 30, 2014.
Louis Joseph Brothers used sales of military-grade electronics to Hong Kong to boost the revenue for his business, then resigned from the company he founded when federal investigators started questioning the sales and the company fell apart.
Updated: Sat Aug 23, 2014 04:41 am
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