Nov. 1–Is your mutual fund safe? Despite the scandal roiling the $7 trillion mutual fund industry, the answer is probably yes. Or, to put it more precisely, at least as safe it ever was, given the turbulent nature of Wall […]

Spector, Roseman & Kodroff, P.C. Announces Class Action Lawsuit Against Strong Funds Family of Funds — SMDCX, SMVAX, SMVBX, SASAX PHILADELPHIA, Oct. 31, 2003 (PRIMEZONE) — The law firm of Spector, Roseman & Kodroff, P.C. announces that a class action […]

Oct. 31–Saying he was prepared to step down if necessary as chairman of the Menomonee Falls-based investment firm that bears his name, Richard S. Strong pledged Thursday to reimburse Strong fundsfor any financial losses that occurred as a result of […]

NEW YORK (AP) – The mutual funds scandal has taken on a new, potentially much more damaging dimension with accusations that fund managers and top executives engaged in their own improper trading atthe expense of other customers. The allegation that […]

Strong ready to step down if ‘necessary’ He vows to repay any losses, if trading improper By KATHLEEN GALLAGHER [email protected], Journal Sentinel Friday, October 31, 2003 Saying he was prepared to step down if necessary as chairman of the Menomonee […]

COLORADO SPRINGS, CO — (MARKET WIRE) — 10/31/2003 — Maximum Dynamics, Inc. (OTC BB: MXDY), a back office administration and technology company that supports the financial community, announcedtoday that the Company’s listing application has met all admission requirements and has […]

Oct. 31–Investment company Strong Financial Corp. responded Thursday to allegations of improper trading against its founder and chairman, Richard S. Strong, with a statement acknowledging thatStrong actively traded his own money and that of his friends and family in company […]

Oct. 31–In an effort to head off activities that have spawned scandal at the nation’s mutual funds, a leading industry group proposed new rules Thursday to curb improper late trading and markettiming. Allegations by the Securities and Exchange Commission and […]

Maximum Dynamics, Inc. (OTC BB: MXDY), a back office administration and technology company that supports the financial community, announced today that the Company’s listing application has met all admission requirements and has been accepted for listing on the Berlin Stock […]

Oct. 31–Washington and Oregon are considering whether to pull more than $1 billion out of Putnam Investments after the fund manager was sued by regulators this week amid a widening probe of impropertrading within the $7 trillion mutual-fund industry. State […]

xfdce NIGHTLY-BUSINESS-REPO-00 Show: NIGHTLY BUSINESS REPORT> Date: October 31, 2003> Time: 18:30:00> Tran: 103100cb.118> Type: SHOW> Head: Nightly Business Report> Sect: Business> Byline: Paul Kangas, Susie Gharib> Guest: Derwood Chase> Spec: Business; Economy> Time: 00:00:00> PAUL KANGAS, NIGHTLY BUSINESS REPORT […]

U.S. and Massachusetts regulators have filed civil lawsuits against Putnam Investments and two of its former fund managers, contending for the first time in a widening investigation of the mutualfund industry that a fund company and some of its executives […]