Agencies study SEC case in Pennsylvania

Demenchuk, Michael
October 1997
Bond Buyer;10/01/97, Vol. 322 Issue 30242, p50
Trade Publication
Reports that Moody's Investors Service and Standard & Poor's have announced their intention to examine the potential credit impact of $71 million in loses that Pennsylvania schools districts suffered at the hands of Devon Capital Management. Securities & Exchange Commission's move to charge Devon Capital with fraud this September 1997.


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