TITLE

Court Rules For SEC in Bradbury Case, But Dismisses Weiss Charges

AUTHOR(S)
Hume, Lynn
PUB. DATE
February 2005
SOURCE
Bond Buyer;2/28/2005, Vol. 351 Issue 32079, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that the U.S. Securities and Exchange Commission (SEC) received two divergent rulings by administrative law judges in separate municipal enforcement cases, one a partial victory for the enforcement division that sanctioned broker-dealer Dolphin & Bradbury (D&B) for securities fraud, and the other a defeat for the division as charges against bond counsel Ira Weiss were dismissed. In the mostly favorable ruling for the SEC, administrative law judge James T. Kelly ordered Philadelphia based D&B and its chairman Robert J. 2 Bradbury to pay a total of almost $1 million in civil penalties and disgorgement of ill-gotten gains for violating the securities fraud laws by misleading investors about $75.35 million of now-defaulted tax-exempt bonds that the Dauphin County, Panama.
ACCESSION #
16260559

 

Related Articles

  • Judge Finds 'Systemic Problems' in Miami. Hume, Lynn // Bond Buyer;6/25/2001, Vol. 336 Issue 31167, p4 

    Reports on Miami, Florida's violation of the securities fraud laws by knowingly misleading investors about its deteriorating financial condition. Ruling made by United States Securities and Exchange Commission chief administrative law judge Brenda Murray; Case background; Securities fraud...

  • San Diego Sanctioned By SEC. Hume, Lynn; Saskal, Rich // Bond Buyer;11/15/2006, Vol. 358 Issue 32509, p1 

    The article reports that the U.S. Securities and Exchange Commission (SEC) has sanctioned the city of San Diego, California for committing securities fraud. According to the SEC, the city failed to disclose in bond offering documents, financial statements and discussions with rating agencies...

  • The Conman and the Sheriff: SEC Jurisdiction and the Role of Offshore Financial Centers in Modem Securities Fraud. Dhesi, Nick S. // Texas Law Review;May2010, Vol. 88 Issue 6, p1345 

    Congress founded the Securities and Exchange Commission (SEC) in 1934 in the wake of the greatest financial collapse in history. More than seventy years later, the SEC, charged by Congress with a mandate to preserve the national public interest through fair and honest markets, remains a critical...

  • SEC, ex-columnist agree on settlement. Triplett, William // Daily Variety;1/11/2005, Vol. 286 Issue 10, p8 

    Reports that the United States Securities and Exchange Commission has reached a settlement with a former CBS MarketWatch.com columnist it had accused of fraud. Agreement of Thom Calandra to pay more than half a million dollars to dismiss federal charges that he illegally profited by secretly...

  • Judge Recommends Injunction To Halt MBC Operations.  // Insurance Advocate;11/22/2004, Vol. 115 Issue 39, p9 

    Reports on U.S. Magistrate Judge for the Federal District Court for the Southern District of Florida Barry L. Garber's upholding of findings by the U.S. Securities and Exchange Commission (SEC) that Mutual Benefits Corp. (MBC) engaged in violations of securities law and defrauded investors....

  • SEC: Raters' Actions Support Case Against Ex-Chief of Miami Hospital. Hume, Lynn // Bond Buyer;2/13/2006, Vol. 355 Issue 32218, p6 

    The article reports that the U.S. Securities and Exchange Commission (SEC) is urging a federal judge in Florida not to dismiss its securities fraud charges against Bruce Perry, former head of the Mount Sinai Medical Center in Miami Beach, claiming the SEC has a good case against him. The SEC's...

  • A Fool and His Money--.  // Saturday Evening Post;12/1/1934, Vol. 207 Issue 22, p22 

    Presents views and insights on the promise of the Securities and Exchange Commission (SEC) for a relentless campaign against stock swindlers and securities fraud in the U.S. Views of National Surety Co. chairman William B. Joyce on the annual loss incurred from stock, credit, and insurance...

  • 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 dings exec pair on Sirius stock trades. Zeitchik, Steven // Daily Variety;12/21/2005, Vol. 289 Issue 61, p5 

    The article reports that the U.S. Securities and Exchange Commission has filed charges against Sirius automotive group chief Tracey Stanyer. The SEC says that a former Sirius Co. executive engaged in insider trading. The executive admitted no wrong doing but will pay about 35,000 dollars for...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics