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  • WASHINGTON, April 1- A Florida jury handed the U.S. Securities and Exchange Commission a major victory on Wednesday, after it found an investment manager tied to the Rothstein Ponzi scheme liable for fraud. The verdict comes nearly three years after the SEC charged George Levin with defrauding investors through a feeder fund that funneled money to attorney and...

  • The SEC said that the Houston- based oil services company violated a federal regulation by requiring witnesses in internal investigations to sign confidentiality agreements that warned of possible discipline if they discussed the matters with outside parties. The SEC also said since the internal investigations included allegations of securities law...

  • April 1- New York financier Lynn Tilton on Wednesday said none of her investors had raised with her the issues involved in a U.S. Securities and Exchange Commission case in which she is accused of hiding the poor performance of several funds. Tilton said in an interview on CNBC that she was "baffled" by the accusations. Earlier on Wednesday, she sued the SEC to stop it...

  • In a complaint filed in Manhattan federal court, Tilton and her firm Patriarch Partners LLC said the SEC violated the U.S. Critics of administrative proceedings, which are handled by judges on the SEC payroll, say they can be unfair to defendants because discovery is limited, defense lawyers generally cannot take depositions, and there are no juries.

  • Lynn Tilton sues SEC after regulator accuses her of fraud Wednesday, 1 Apr 2015 | 11:02 AM ET

    NEW YORK, April 1- The flamboyant New York financier Lynn Tilton and her firm Patriarch Partners LLC on Wednesday sued the U.S. Securities and Exchange Commission to stop the regulator from pursuing a case accusing them of defrauding their investors. In a complaint filed on Wednesday in Manhattan federal court, Tilton said the SEC violated the U.S.

  • Mark Cuban raises red flag on SEC   Wednesday, 1 Apr 2015 | 8:31 AM ET
    Mark Cuban raises red flag on SEC

    Mark Cuban, Dallas Mavericks owner, shares his thoughts on the SEC's charges against Patriarch Partners CEO Lynn Tilton and its rules on insider trading.

  • SEC: Polycom ex-CEO hid massive personal perks Tuesday, 31 Mar 2015 | 1:55 PM ET
    Andrew Miller

    The SEC charged Polycom and its former CEO over allegations they hid more than $200,000 in personal perks from investors.

  • 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.

  • Small investors: Bad advice to blame for losses Tuesday, 31 Mar 2015 | 7:22 AM ET

    Many retail investors have suffered big losses recently. The reason? Bad advice from brokers, they say.

  • 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...

  • Billionaire Tilton vows to fight fraud charges Monday, 30 Mar 2015 | 11:28 AM ET
    A file photo of Lynn Tilton in 2011.

    Lynn Tilton, one of the richest self-made women in America, has vowed to fight fraud charges brought by the SEC, calling it a battle between "good and evil."

  • 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...

  • SEC accuses financier Lynn Tilton of fraud Monday, 30 Mar 2015 | 10:19 AM ET
    Lynn Tilton

    U.S. regulators took aim at financier Lynn Tilton and her advisory business on Monday, saying she defrauded investors.

  • 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.