Securities

Enron's Jeff Skilling doesn't deserve a break

2013-05-17 19:20:00

As if you didn't know this already, we're coddling criminals in America. By that I don't mean the petty drug dealers, three-strikes necklace-snatchers and other mooks filling up our state prisons; many of them are doing hard time. I'm talking about...

SEC accuses city of Victorville, others of fraud in bond sale

2013-04-30 00:00:00

Ever since the Department of Defense shut down George Air Force Base in 1992, the high desert town of Victorville has struggled to reinvent itself. The city encouraged massive residential and retail development. It invested in two new power plants....

SEC accuses city of Victorville, officials of fraud

2013-04-29 12:54:00

Federal securities regulators have�accused the city of Victorville, an official, the airport authority and municipal bond underwriters�of fraud stemming from a 2008 offering. The Securities and Exchange Commission on Monday�accused the parties�of...

In KPMG insider trading case, crime and blunders alleged

2013-04-11 18:10:00

It's the kind of audacious but small-stakes insider trading that normally wouldn't have merited much attention. Golfing buddies Scott London and Bryan Shaw netted just $1.3 million, a blip in a world where Wall Street kingpins pocket hundreds of...

Details emerge in case against ex-KPMG auditor Scott London

2013-04-11 12:20:00

The KPMG insider trading scam was far more profitable than earlier known and went longer than thought. Scott London, the disgraced ex-auditor from KPMG's office in Los Angeles, has been charged in a federal complaint with one count of conspiracy to...

Ex-KPMG auditor Scott London is charged

2013-04-11 18:34:00

Prosecutors filed a criminal charge against disgraced former KPMG partner Scott London, saying he gave a stock-trading friend inside information about his firm's clients in exchange for cash, jewelry and expensive dinners. The criminal case filed...

Former KPMG auditor Scott London appears in court

2013-04-11 14:14:00

Scott London, the auditor fired by KPMG, appeared before a federal judge Thursday to answer to accusations that he helped orchestrate an insider-trading scheme that racked up $1.3 million in ill-gotten gains. A somber expression on his face, London...

Insider-trading scandal poses risks to KPMG's reputation

2013-04-10 08:15:00

NEW YORK -- A former senior KPMG auditor's leaks could threaten the reputation of one of the country's biggest accounting firms, industry experts said. Auditors like Scott London, a former senior partner in KPMG's office in Los Angeles, are privy to...

In rare move, SEC charges Illinois with securities fraud

2013-03-11 11:44:00

The Securities and Exchange Commission charged Illinois with securities fraud, accusing the state of misleading municipal investors over pension fund obligations, the regulatory agency said Monday. An investigation determined the state failed to...

SEC is investigating Michael Milken, magazine says

2013-02-27 12:55:00

Federal regulators are investigating whether onetime junk-bond czar Michael Milken violated his lifetime ban from the securities industry, according to a published report. Milken�is allowed to manage his own wealth but is barred from running money for...

Dodgers' Guggenheim subject of SEC probe over Michael Milken ties

2013-02-27 11:44:00

Money, money, money. So much money. From places only the most sophisticated financial followers truly understand, not that they always agree. Last year Guggenheim Partners formed a group to buy the Dodgers and spent a record $2.1 billion on the...

San Onofre: Edison ordered to show costs for replacing generators

2013-02-22 19:43:26

The seal of the U.S. Securities and Exchange Commission hangs on the wall at SEC headquarters in Washington, in this June 24, 2011, file photo. An affiliate of SAC Capital Advisors LP agreed to pay more than $600 million to settle U.S.

2013-03-16 15:43:00

R; 1:40 running time Gere is the centerpiece in "Arbitrage," and his preoccupied, distracted air as an actor (which can lead to pure laziness when he's not engaged by the material) works extremely well in the role of the Wall Street investor who is having a fraught 60th birthday week.

2012-09-13 07:43:00

Performance Trust Investment Advisors, LLC (PTIA), an affiliate of Performance Trust Capital Partners, LLC, announced today that John Wilhelm has joined its elite team of specialized municipal bond portfolio management and research.

2011-07-29 00:00:00