SEC to Fight Weiss, Settle With Shupe Over School Notes
- SEC Shifts Fraud Focus. Hume, Lynn // Bond Buyer;7/14/2004, Vol. 349 Issue 31925, p1
Reports on the U.S. Securities and Exchange Commission's (SEC) filing of securities fraud charges against bond lawyer, Ira Weiss. Background of the case involving former investment banker L. Andrew Shupe II's sale of the Neshannock Township, Pennsylvania School District; Weiss' opinion that the...
- SEC: Weiss Violated Fraud Laws. Hume, Lynn // Bond Buyer;12/5/2005, Vol. 354 Issue 32271, p1
The article reports on a ruling by the U.S. Securities and Exchange Commission (SEC), which states that bond lawyer Ira Weiss has neglected and violated the securities fraud laws. Weiss misguided to investors that $9.6 million of three-year school notes sold by the Neshannock, Pennsylvania,...
- SEC: It's Lawyers' Duty to Dig. Hume, Lynn // Bond Buyer;6/30/2006, Vol. 356 Issue 32414, p1
The article provides updates on Ira Weiss' appeal of its ruling about a Pennsylvania school district's note issue. According to reports, Weiss complained on the decision of the Securities and Exchange Commission (SEC) to impose a separate duty on bond counsel to conduct an independent...
- Weiss to Detail His Appeal of SEC Ruling Next Month. Hume, Lynn // Bond Buyer;4/21/2006, Vol. 356 Issue 32365, p5
The article reports that Ira Weiss, a bond lawyer will be detailing his objections next month in connection with the Securities and Exchange Commission's ruling. The judgment stipulates that he was negligent and had violated the securities fraud laws by misrepresentation towards the investors....
- TEXAS: Obeying the SEC. Albanese, Elizabeth // Bond Buyer;1/22/2002, Vol. 339 Issue 31308, p37
Reports on the plans of two former Arlington City Council members to close their investment management business as a result of securities fraud lawsuit by the U.S. Securities and Exchange Commission. Allegations against companies involved in the fraud.
- Dates set for SEC trials in cases over '93, '94 deals in Orange County. Hume, Lynn // Bond Buyer;01/26/99, Vol. 327 Issue 30565, p25
Focuses on United States Securities and Exchange Commission's (SEC) disclosure-related enforcement case against five issuers in Orange County, California. Small cities and school districts' determination to fight SEC charges; Violation of securities fraud laws through negligence.
- SEC charges 3 issuers, others over land-backed deals. Marois, Michael B.; Hume, Lynn Stevens // Bond Buyer;02/04/98, Vol. 323 Issue 30324, p1
Reports on the US Securities & Exchange Commission's (SEC) securities fraud charges against three small central California issuers of land-backed bonds. SEC action against a financial adviser and real estate appraiser for defrauding investors who bought Mello-Roos and Marks-Roos bonds issued...
- Financial shell game in Florida County sparks SEC charges. Reynolds, Katherine M. // Bond Buyer;09/30/97, Vol. 321 Issue 30241, p6
Reports on the securities dealers in Escambia County, Florida charged with fraud by the US Securities & Exchange Commission (SEC). Excess markups made by the charged dealers; Start of public administrative proceedings against the dealers.
- Mississippi localities settle; lawyer sued in SEC case. Hume, Lynn Stevens; McKenna, Jon // Bond Buyer;07/14/98, Vol. 325 Issue 30434, p1
Reports on the United States Securities and Exchange Commission's settlement of securities fraud charges against 38 counties, cities and town in Mississippi for failure to disclose the risk that 73 municipal note issues were not tax-exempt. Terms of the settlement; Attempt to maintain the...