TITLE

Controversial Co-Manager Severs Ties With Heartland

AUTHOR(S)
Fine, Jacob
PUB. DATE
July 2001
SOURCE
Bond Buyer;7/3/2001, Vol. 337 Issue 31173, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the resignation of Greg Winston as co-manager of Heartland Advisors Inc. Seizure of Heartland Group Inc.'s four municipal bond funds by the United States Securities and Exchange Commission; Failure of the firm to provide shareholders with audited financial statements.
ACCESSION #
4861872

 

Related Articles

  • Quitting Shareholders Threaten Heartland High-Yield Funds. Fine, Jacob // Bond Buyer;02/22/2001, Vol. 335 Issue 31082, p1 

    Reports that Heartland Advisors Inc. is considering the liquidation or merger of its high-yield municipal bond funds. Possible reduction in the funds' expense ratios with the expected shareholder redemption; Devaluation of the bond.

  • Wisconsin Committee to Review Heartland Deal Audit Findings . Fine, Jacob // Bond Buyer;12/10/2001, Vol. 338 Issue 31281, p1 

    Reports on the review by Wisconsin Joint Legislative Audit Committee of recommendations made in an audit by the state Legislative Audit Bureau of a transaction between the Milwaukee, Wisconsin-based Heartland Advisors Inc. and the state's Investment Board. Purchase of municipal bonds by...

  • History lessons. Wang, Penelope // Money;Nov2003, Vol. 32 Issue 12, p68 

    Long before Eliot Spitzer began subpoenaing fund companies, one of the worst scandals involved Heartland Advisors. In 2000 two of its high-yield municipal bond funds plunged 40% and 70%, respectively, in a single day. Three years later, Heartland has not yet fully recovered, even though it has...

  • Heartland Seeks Dismissal. Hume, Lynn; Fine, Jacob // Bond Buyer;2/25/2004, Vol. 347 Issue 31828, p1 

    The investment adviser Heartland Advisors Inc., its founder William J. Nasgovitz and six other officers, portfolio managers, and related individuals are urging a federal court in Milwaukee, Wisconsin, to dismiss the securities fraud and other charges the Securities & Exchange Commission (SEC)...

  • SEC's Bond Pricing 'Sweep' Hume, Lynne // Bond Buyer;3/11/2004, Vol. 347 Issue 31839, p1 

    Reports that the Securities and Exchange Commission (SEC) is investigating high-yield municipal bond funds' interactions with pricing services as part of an examination sweep of bond funds' pricing practices that it launched in response to the Heartland Advisors Inc. case. Testimony by Lori A....

  • Update. Topkis, Maggie // Money;Feb2004, Vol. 33 Issue 2, p46 

    Reports on the return of a three-year old fund scandal. In December the SEC filed civil charges against eight current or former Heartland Advisors employees, including president and fund manager William Nasgovitz. Unlike the other fund companies in trouble these days, Heartland is accused of...

  • Heartland, CEO Deny SEC Fraud Allegations. Lynn Hume, Elizabeth; Fine, Jacob // Bond Buyer;2/24/2004, Vol. 347 Issue 31827, p1 

    Reports that Heartland Advisors Inc. and its president William J. Nasgovitz denied allegations by the U.S. Securities and Exchange Commission (SEC) that they mispriced and made misrepresentations about high-yield bond funds that lost about $93 million for shareholders over a two-week period in...

  • Embracing health care. Karchmer, Jennifer // Bond Buyer;04/30/99, Vol. 328 Issue 30631, p1 

    Reports on the investments of Heartland Advisors Inc. Investments in nursing homes, continuing care retirement centers, hospitals and mental health facilities; Sectors that are less susceptible in the downturn of the economy.

  • $14M Settlement In Heartland Suit. McDonald, Michael // Bond Buyer;3/25/2002, Vol. 339 Issue 31351, p1 

    Focuses on the class action lawsuit filed by investors in two of the tax-exempt, high-yield mutual funds of Heartland Advisor Inc. in the U.S. Details on the partial settlement stipulation filed by a mutual fund company in the federal court; Dismissal of the case; Investigation on the...

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