SEC, Mass. Charge 6 Ex-Prudential Workers
Ex-Prudential Workers Improper Trading. The growing mutual fund scandal struck Prudential Securities Inc. on Tuesday as state and federal regulators filed civil charges against five former brokers and a former branch manager at Prudential's Boston office alleging improper trading. The complaints by the Securities and … [Read more...]
Tyco Sets $1B Charge
Tyco New Accounting Problems. Tyco International Ltd. said Wednesday it will take more than $1 billion in after-tax charges in the second quarter after unearthing new accounting problems, yet another setback to the conglomerate's credibility with investors. The financially troubled conglomerate said it will report a quarterly loss … [Read more...]
