Deutsche Bank ex-Chairman settles fraud trial in Munich

Posted by Reuters: Business News on December 19, 2011

MUNICH (Reuters) – Former Deutsche Bank Chairman Rolf Breuer agreed to make a non-penal payment of 350,000 euros ($456,600) to have fraud charges dropped that were brought against him as part of a legal dispute initiated by the late Leo Kirch.

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Miami-based Stock Promoters Settle Fraud Charges Linked to Shell Company

Posted by admin on October 17, 2011

A Miami-based stock-touting company, its two owners, and an associate agreed to pay $300,000 in pena…
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Miami-based Stock Promoters Settle Fraud Charges Linked to Three PIPE Issuers

Posted by The PIPEs Report on October 14, 2011

A Miami-based stock-touting company, its two owners, and an associate agreed to pay $300,000 in pena…
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U.S. takes action against execs of failed Calif. bank

Posted by Reuters: Business News on October 11, 2011

SAN FRANCISCO/WASHINGTON (Reuters) – Two former executives of a bank that received a $300 million federal bailout before its collapse during the financial crisis are facing criminal and civil fraud charges for their role in trying to conceal loan losses.

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Kuwait’s Agility Q2 earnings drop 57 per cent, beat views

Posted by Reuters: Business News on August 14, 2011

KUWAIT (Reuters) – Kuwait’s Agility , the logistics firm facing U.S. fraud charges, posted a 57 percent drop in second-quarter net profit, but still slightly beat forecasts.

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Morgan Keegan Settles Valuation Fraud Charges with SEC for $200M

Posted by The PIPEs Report on June 22, 2011

Morgan Keegan & Co. and Morgan Keegan Asset Management have agreed to pay $200 million to settle…
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Alternate Energy Cancels $150M Equity Line After Fraud Charges

Posted by The PIPEs Report on June 17, 2011

Alternate Energy Holdings agreed to cancel a $150 million equity line commitment from Roswell Capita…
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SEC could file civil charges against some raters: report

Posted by Reuters: Business News on

(Reuters) – U.S. regulators could file civil fraud charges against some credit rating agencies, and settle with more Wall Street banks, for their role in developing mortgage-bond deals that helped trigger the financial crisis, the Wall Street Journal reported, citing people familiar with the matter.

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SEC could file civil fraud charges against some raters

Posted by Reuters: Business News on

BANGALORE (Reuters) – U.S. regulators could file civil fraud charges against some credit-rating agencies for their role in developing mortgage-bond deals that helped bring about the financial crisis, the Wall Street Journal reported, citing people familiar with the matter.

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Sino-Forest Says Muddy Waters' Fraud Charges are Untrue

Posted by The PIPEs Report on June 6, 2011

Sino-Forest Corp. said it is asking regulators in Canada to investigate Muddy Waters Research after …
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