SEC Mulling Bear Stearns Probe
Facing lawsuits by angry shareholders and employees. Bear Stearns, the investment bank recently rescued by a massive bailout engineered by the Federal Reserve, hasn't seen the end of its troubles. Already facing lawsuits by angry shareholders and employees whose stock in the company is worth far less than it was two weeks ago, Bear … [Read more...] about SEC Mulling Bear Stearns Probe
JP Morgan Pays $25m To Settle SEC Case
JP Morgan To Settle SEC Case. JP Morgan Chase has agreed to pay a $25m civil penalty to settle allegations that it tried to manipulate the share prices of new public companies during the technology bubble. The Securities and Exchange Commission, the chief US financial regulator, said the bank had indulged in abusive allocation of … [Read more...] about JP Morgan Pays $25m To Settle SEC Case
