Piper Jaffray Agrees To Pay $32.5M In Fines
Piper Jaffray Agreed To Pay Fines. Piper Jaffray, the investment banking unit of U.S. Bancorp, agreed Monday to pay $32.5 million in fines to settle allegations that it misled customers with biased stock research. The deal, which also includes sweeping industry reform measures, is designed to end a damaging year of … [Read more...] about Piper Jaffray Agrees To Pay $32.5M In Fines
Proposed Piper Fine Put At $75 Million Or More
Proposed Piper Fine Put At $75 Million. U.S. Bancorp Piper Jaffray faces a proposed fine of at least $75 million over its stock research practices and is attempting to persuade securities regulators to reduce that amount, a source familiar with the negotiations said Monday. The regulators’ proposal is significantly higher than the … [Read more...] about Proposed Piper Fine Put At $75 Million Or More
