Monthly Archives: September 2003
Charges filed against Bank of America employee in mutual fund
NEW YORK (AP) — New York prosecutors filed the first criminal counts in their investigation of mutual fund trading practices, charging a former Bank of America broker in a scheme they said costinvestors tens of millions of dollars. Theodore Sihpol […]
Charges Filed in N.Y. Mutual Fund Case
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 of dollars. Theodore Sihpol III, 36, surrendered to authorities was to […]
Former Bank of America Worker May Face Criminal Charges in Mutual Fund Probe
Sep. 16–New York and federal officials are expected to announce criminal and civil charges today related to the widening mutual fund investigation that has ensnared several large companies,including Bank of America Corp. In a joint press conference scheduled for noon […]
Probability best investment guide
Controversies that are testing investors’ faith in the stock market are to be expected following an unprecedented 17-year economic expansion and run-up in U.S. markets. Corporate wrongdoing, investment malfeasance and exorbitant salaries and benefits don’t surprise James W. Brinkley, vice […]
Mass. Regulators Eye Papers From Putnam
BOSTON (AP) – State securities officials were probing possible improper market timing at one of Putnam Investments’ international funds. Secretary of State William Galvin said Monday subpoenas were issued Thursday, regarding trades at the firm’s International Capital Opportunities Fund between […]
Goodbye Dolly as PPL goes up for sale
DOLLY the sheep firm PPL Therapeutics caved in to pressure from hedge funds and put itself up for sale, the latest example of a British scientific breakthrough ending up a disappointment. Value investor and 21pc stakeholder Metage Capital was one […]
Putnam lands in Galvin’s sights; Fund trading inquiry no `fishing expedition’
Secretary of State William Galvin confirmed yesterday that his staff has launched a probe into possible improper fund trading at Putnam Investments in Boston. The Putnam inquiry is Galvin’s latest investigation into mutual fund trades and comes as the industry […]
PR Newswire National Summary, Tuesday, Sept. 16, 10 a.m. to noon ET
<body.content> <block> <p>Following is a summary of news releases transmitted between 10 a.m. and noon by PR Newswire. The full text of these releases is available at the PRNewswire for Journalists, http://media.prnewswire.com/.</p> <p style=”pre” id=”pre1″> CGTU047 09/16/2003 10:00 r f […]
Charges Filed in Mutual Fund Trading Case
NEW YORK (AP) – State and federal securities regulators filed criminal and civil charges Tuesday against a former employee of Bank of America over illegal mutual fund trading practices. New York Attorney General Eliot Spitzer announced felony larceny and securities […]
Charges Filed in N.Y. Mutual Fund Case
NEW YORK (AP) – State and federal authorities filed criminal and civil charges Tuesday against a former employee of Bank of America over illegal mutual fund trades they say cost investors tens ofmillions of dollars. Theodore Sihpol III, 36, surrendered […]
Fighting to save its bacon
PPL Therapeutics is best known for cloning Dolly the sheep in 1996, but its first major breakthrough in the laboratory came six years earlier with the birth of Tracy the transgenic sheep, whoproduced human protein in her milk. Tracy passed […]
Criminal, civil charges filed against Bank of America employee in
NEW YORK (AP) — State officials Tuesday filed the first criminal counts in their investigation of mutual fund trading practices, charging a former Bank of America employee with grand larceny andsecurities fraud. New York Attorney General Eliot Spitzer announced the […]