Securities Archives

Feb 4
U of Phoenix In Securities Fraud Hot Water
The Apollo Group, which owns the online University of Phoenix, has been found guilty of securities fraud and ordered to pay $270 million to a group of investors. The problems stem from the cover-up of a report that was highly...
Feb 3
Countrywide Financial Fraud Suit Grows
The New York state agencies expanded their suit against Countrywide Financial Corp. to include an additional 26 financial service companies that were involved in underwriting the firm’s stock and bond offerings. At issue are a series of filings by the... Continue Reading
Jan21
Securities Fraud Liability Stays Narrow
The U.S. Supreme court has returned a ruling, in a case known as Stoneridge Investment Partners v. Scientific Atlanta and Mororola, which means that the parties liable for corporate securities fraud are generally limited to the offending corporation itself and... Continue Reading
 


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