'Substantial Evidence' of San Diego Disclosure Violations, Report Says

Saskal, Rich
February 2005
Bond Buyer;2/14/2005, Vol. 351 Issue 32070, p1
Trade Publication
Discusses the report issued by city attorney Michael Aguirre of San Diego, California, concluding that substantial evidence exists that Mayor Dick Murphy and several City Council members violated federal securities laws. Failure by the city to disclose to investors the extent to which it underfunded its employees' pension system; Investigation by the Securities and Exchange Commission; Details of the report.


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