Monthly Archives: September 2003

NEW YORK – As regulators step up their probe into allegations of improper activity by mutual funds, a new study suggests illegal late trading may be more widespread than previously reported. The study by Stanford University Prof. Eric Zitzewitz found […]

NEW YORK (AP) – U.S. university endowments produced positive investment returns in the last school year as they shifted more money into a rising stock market, according to a survey released Wednesdayby the Commonfund Institute. Commonfund, a Wilton, Conn., investment […]

Sep. 17–Once again, Wall Street finds itself under suspicion. More calls poured in Tuesday for the resignation of New York Stock Exchange chairman Richard Grasso over his hefty pay package. And the first criminal charges were filed in an expanding […]

Sep. 17–The first charges were filed Tuesday in the sweeping investigation of mutual fund trading practices that allegedly cost investors hundreds of millions of dollars, and authorities signaledmore are likely to follow. Former Banc of America Securities broker Theodore Sihpol […]

<body.content> <block> <p>NEW YORK, Sept. 17 /PRNewswire-FirstCall/ — The law firm of Milberg Weiss Bershad Hynes &amp; Lerach LLP announces that a class action lawsuit wasfiled in the District of Colorado on September 16, 2003, on behalf of purchasers of […]

Three investors have sued the Janus mutual funds company in federal court, accusing it of illegal trading practices that harmed shareholders. One suit alleges favored customers of the Denver-based company were allowed to “time” their mutual fund trades. The suit, […]

NEW YORK – State authorities filed criminal charges Tuesday against a former Bank of America broker allegedly at the center of illegal mutual fund trades they say cost investors tens of millions ofdollars. Theodore Sihpol III, 36, surrendered to authorities […]

<body.content> <block> <p>NEW YORK, Sept. 17 /PRNewswire-FirstCall/ — Advent Software, Inc. , the leading provider of software to the financial services industry, announces thelaunch of “Advent(R) for Asset Managers,” a comprehensive solution of software, data, and services designed specifically for […]

As regulators step up their probe into allegations of improper activity by mutual funds, a new study suggests illegal late trading may be more widespread than previously reported. The study by Stanford University Prof. Eric Zitzewitz found that late trading […]

The attorney general of New York State, Eliot Spitzer, expanded his campaign against abuses on Wall Street on Tuesday by bringing the first criminal charges in a sweeping investigation into mutualfund trading. Spitzer filed charges against Theodore Sihpol, a former […]

PPL Therapeutics, a spinoff of the Roslin Institute that propelled the biotechnology industry into a new realm seven years ago when it cloned a sheep named Dolly, has said that it will sell its lastassets and close. The company, based […]

— (MARKET WIRE) — 09/17/2003 — What: Stephanie DiMarco, Founder, Chairman and Chief Executive Officer, Advent Software, Inc. (NASDAQ: ADVS), will join Ed Knight, Executive Vice President and General Counsel, The NASDAQ Stock Market, to preside over the Market Open. […]