Three Accountants Deny Fraud Charges in AHERF Case
- SEC Launches Investigation of AHERF Comments to Market. Hoffman, David // Bond Buyer;09/21/98, Vol. 325 Issue 30482, p1
Reports that the Securities and Exchange Commission is investigating whether the Allegheny Health, Education, and Research Foundation may have committed fraud when it communicated with investors who bought bonds issued by hospitals in Philadelphia, Pennsylvania. Inquiry in the possible...
- Accused AHERF Official Challenges SEC's Claims, Demands Jury Trial. Hume, Lynn // Bond Buyer;07/06/2000, Vol. 333 Issue 30926, p5
Reports that the defunct Allegheny Health, Education and Research Foundation's (AHERF) former senior vice president Charles P. Morrison has denied the United States Securities and Exchange Commission's (SEC) claims that he committed securities fraud by failing to disclose the Pennsylvania-based...
- AHERF misspens $78.5 million in charity funds, atty. general says. Cys, Jane // AHA News;09/20/99, Vol. 35 Issue 37, p9
Focuses on the claim filed by Pennsylvania Attorney General Mike Fisher against Allegheny Health, Education and Research Foundation officials who took money from funds restricted for charitable purpose. Analysis of the foundation's finances; Information on the foundation's filing for bankruptcy.
- SEC Charges Ex-AHERF Key Officials. Hume, Lynn // Bond Buyer;05/03/2000, Vol. 332 Issue 30883, p1
Reports on securities fraud charges filed by the United States Securities and Exchange Commission against former financial officers and accountants of Allegheny Health Education and Research Foundation (AHERF). Alleged failure of the defendants to disclose the deteriorating financial condition...
- SEC to File and Settle Securities Fraud Charges Against AHERF. Hume, Lynn // Bond Buyer;06/22/2000, Vol. 332 Issue 30918, p5
Reports that the Allegheny Health, Education and Research Foundation (AHERF) is expected to settle securities fraud charges with the United States Securities and Exchange Commission (SEC). Alleged failure of AHERF to reveal that it faced a deteriorating financial condition; Call for a case and...
- AHERF Settles with SEC. Ferris, Craig T. // Bond Buyer;07/05/2000, Vol. 333 Issue 30925, p2
Focuses on the decision of the Allegheny Health Education & Research Foundation (AHERF) in Pennsylvania to settle its securities fraud case with the United States Securities & Exchange Commission (SEC). Terms of the settlement; Background of the fraud scandal involving the company.
- Ex-AHERF exec settles charges. // Modern Healthcare;02/05/2001, Vol. 31 Issue 6, p18
Reports that Charles Morrison, former senior vice president of finance at the bankrupt, Allegheny Health, Education and Research Foundation, has settled civil securities fraud charges with the United States Securities and Exchange Commission. Amount that Morrison will pay under the settlement...
- More lessons from AHERF. Jaklevic, Mary Chris // Modern Healthcare;05/22/2000, Vol. 30 Issue 21, p76
Reports on the United States Securities and Exchange Commission's charging of securities frauds against former executives of Allegheny Health Education and Research Foundation. Comments from Paul Maco, director of the office of municipal securities for the SEC; Allegations of the case.
- MBIA Settles NYSID, AG, SEC Fraud Investigation. // Insurance Advocate;2/12/2007, Vol. 118 Issue 4, p10
The article reports that MBIA Inc. and MBIA Insurance Corp. have ended settlements with the Securities and Exchange Commission, Attorney General's Office, and the Insurance Department in New York. The settlements were for transactions entered into by MBIA in 1998 following nonpayments on insured...