Marcy Gordon

May 06, 2009 | Daily Report Online

By MARCY GORDON

3 minute read

December 18, 2009 | Daily Report Online

WASHINGTON AP - Big accounting firm Ernst Young has agreed to pay $8.5 million to settle federal regulators' charges in connection with an alleged accounting fraud at Bally Total Fitness in 2001-2003.The Securities and Exchange Commission announced the settlement Thursday with Ernst Young, which also agreed to change its policies and practices to prevent future problems.

By MARCY GORDON

3 minute read

October 23, 2009 | Daily Report Online

WASHINGTON AP - Federal regulators on Thursday accused a real estate funds promoter and former brokerage executive with bilking mostly elderly investors of about $12 million by using "free lunch" seminars to lure them to invest.The Securities and Exchange Commission's allegations, brought in a civil lawsuit filed in federal court in Brooklyn, N.

By MARCY GORDON

3 minute read

April 26, 2007 | Daily Report Online

By Marcy Gordon

2 minute read

November 16, 2010 | Daily Report Online

By MARCY GORDON

4 minute read

June 14, 2013 | Law.com

The House has passed legislation that would exempt the trading of derivatives from federal oversight if it occurs outside the United States.

By Marcy Gordon

2 minute read

October 23, 2008 | Daily Report Online

WASHINGTON AP - A senior Treasury official says the department intends to get a program to help struggling homeowners revise mortgages up and running soon.Neel Kashkari, who is heading the government's $700 billion financial rescue effort, told Congress the Treasury is working hard on the plan. It could include setting standards for changing mortgages to make them more affordable and giving loan guarantees to banks that meet them.

By MARCY GORDON

2 minute read

September 15, 2008 | Daily Report Online

By MARCY GORDON

3 minute read

February 05, 2008 | Daily Report Online

WASHINGTON AP - Hedge fund Ritchie Multi-Strategy Global Trading Ltd., its associated investment firm and an employee are paying a total of $40 million to settle charges of illegal late trading.The Securities and Exchange Commission on Tuesday announced the settlement with Ritchie Multi-Strategy, investment adviser Ritchie Capital Management and employee Warren DeMaio.

By MARCY GORDON

3 minute read

May 09, 2008 | Daily Report Online

WASHINGTON AP - Semiconductor maker Marvell Technology Group Ltd. on Thursday agreed to pay a $10 million civil fine to settle regulators' allegations of improper backdating of stock options.The Securities and Exchange Commission announced the settlement with the Silicon Valley company for allegedly failing to publicly disclose the employee stock-option awards as expenses and backdating the options to dates with lower stock prices.

By MARCY GORDON

4 minute read