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  • WASHINGTON, March 31- The U.S. Securities and Exchange Commission charged the Silicon Valley- based technology company Polycom and its former chief executive on Tuesday over allegations they hid more than $200,000 in personal perks from investors. Polycom has agreed to settle charges over inadequate internal controls and disclosure violations and pay...

  • WASHINGTON, March 31- The U.S. Securities and Exchange Commission charged the Silicon Valley- based technology company Polycom and its former chief executive on Tuesday over allegations they hid more than $200,000 in personal perks from investors.

  • The Securities and Exchange Commission sided with Wal-Mart's assertion that it could be omitted on the grounds that it had already been "substantially implemented" in other ways by the company, according to the ruling posted on the SEC's website. "The SEC agreed that it could be excluded again this year on that basis," Wal-Mart spokesman Randy Hargrove said,...

  • Stanford's victims accused the SEC of negligence for having waited until 2009 to uncover the Ponzi scheme, despite having had evidence of it as early as 1997.. But the court said the SEC had discretion to decide how to enforce securities laws, and could not be liable for certain misrepresentations. Victims claimed that the SEC thought Stanford's business was a...

  • A lawyer for the Securities and Exchange Commission told an administrative judge in New York that the trader, Joseph Ruggieri, made more than $117,000 in profits for Wells Fargo by trading healthcare company stocks ahead of ratings changes by one of the bank's analysts. Paul Ryan, Ruggieri's lawyer, called the SEC's case circumstantial, and said the regulator...

  • The Securities and Exchange Commission said that Tilton and private equity business Patriarch Partners were able to collect almost $200 million in fees by failing to properly value the assets in the funds through the methodology described to investors. "We are disappointed that the SEC has chosen to bring an enforcement action that is ill-founded and at...

  • WASHINGTON, March 30- U.S. regulators took aim at financier Lynn Tilton and her advisory business on Monday, saying she breached her fiduciary duty to investors by hiding the poor performance of loans underlying three collateralized loan obligations. The Securities and Exchange Commission said that Tilton and Patriarch Partners were able to collect almost...

  • SAN FRANCISCO, March 27- Yahoo Inc and Microsoft Corp agreed to extend by 30 days the deadline to re-negotiate a ten year search deal, as the two Internet companies attempt to revamp a thorny partnership crafted by former chief executives. According to a filing with the U.S. Securities and Exchange Commission on Friday, Yahoo and Microsoft mutually agreed to...

  • The SEC said Macquarie did not act on a due diligence report that showed Puda Chairman Ming Zhao had transferred that stake to himself, and then sold part of it to state-owned CITIC Group. While Macquarie made $4.17 million from its underwriting, the SEC said investors who bought Puda shares suffered losses after the transfers were revealed.

  • American Apparel ex-CEO seeks $40M in damages Friday, 27 Mar 2015 | 8:13 AM ET
    Dov Charney

    Dov Charney is claiming $40 million in damages for a breach of employment contract, his attorney said.

  • March 26- The former chief executive and founder of hipster clothing brand American Apparel Inc, Dov Charney, is claiming $40 million in damages for a breach of employment contract, his attorney said. American Apparel could not be reached for comment outside regular business hours. The U.S. Securities and Exchange Commission has ordered an investigation into...

  • American Apparel discloses SEC probe tied to former CEO Thursday, 26 Mar 2015 | 5:22 PM ET

    NEW YORK— American Apparel says the Securities and Exchange Commission is investigating unspecified matters tied to its former CEO, Dov Charney. The Los Angeles- based clothing retailer said in a regulatory filing Wednesday that the SEC investigation has to do with "matters arising from" a review of Charney by the company's board that led to Charney's firing in...

  • NEW YORK, March 26- Leon Cooperman's Omega Advisors Inc told clients earlier this week that it has been subpoenaed by federal prosecutors and regulators seeking information about its trading activities in certain securities, according to a letter seen by Reuters on Thursday. Attorney's office in New Jersey and the U.S. Securities and Exchange Commission.

  • A look at Leon Cooperman, subject of SEC inquiry Thursday, 26 Mar 2015 | 2:02 PM ET

    Meet the billionaire hedge fund manager who is the subject of a new government investigation of his firm's trading activity.

  • SEC probes American Apparel on ex-CEO Charney Thursday, 26 Mar 2015 | 11:24 AM ET
    Dov Charney

    American Apparel said the SEC has ordered an investigation related to its founder and former Chief Executive Officer Dov Charney.

  • The final rule preempts state "blue sky laws" for stock deals valued at more than $20 million and up to $50 million, meaning those companies would not have to register their deals in every state before they can be sold and the states could not block riskier deals. The SEC's rule aims to strike a compromise with the North American Securities Administrators...

  • SEC to issue proposal for HFT registration Wednesday, 25 Mar 2015 | 10:40 AM ET

    The SEC voted Wednesday to issue a proposal requiring proprietary high speed trading firms to register with regulators.

  • The final rule by the SEC aims to try and strike a compromise with the North American Securities Administrators Association, which has been lobbying fiercely to protect its oversight powers and has urged the federal agency not to pre-empt any of the deals from state oversight. Originally, the SEC had proposed preempting deals larger than $5 million.

  • Investment firm H Partners Management LLC, which holds a 10 percent stake in Tempur Sealy, filed preliminary proxy materials with the Securities and Exchange Commission in which it urges stockholders to vote against the board re-election of CEO Mark Sarvary, Chairman P. Andrews McLane and Christopher Masto, who serves as chairman of the nominating and...

  • NEW YORK, March 20- American International Group Inc shareholders won approval on Friday of a $970.5 million settlement resolving claims they were misled about its subprime mortgage exposure, leading to a liquidity crisis and $182.3 billion in federal bailouts. The U.S. Justice Department and U.S. Securities and Exchange Commission closed related probes...