TITLE

SEC to Fight Weiss, Settle With Shupe Over School Notes

AUTHOR(S)
Hume, Lynn
PUB. DATE
July 2004
SOURCE
Bond Buyer;7/7/2004, Vol. 349 Issue 31920, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that the United States Securities and Exchange Commission (SEC) is expected to press forward with its securities fraud charges against bond lawyer Ira Weiss, but may have settled similar charges against investment banker L. Andrew Shupe. SEC's claim that Weiss and Shupe misled bondholders in the bond opinion and the official statement by contending that the note issue was tax-exempt; Weiss' claim that his bond opinion was not false or misleading; School district's issuance of a certification concerning the school district's plans to expand note proceeds during the three-year period on capital projects.
ACCESSION #
13746128

 

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