ADVERTISEMENT



Google       

Home -> Law Blog Directory -> Bailout Blogs -> Calculated Risk

OR PHONE (866) 635-1838 for Bankruptcy Help, (866) 635-6190 for Divorce,
(866) 635-2689 for Personal Injury or (866) 635-9402 for Criminal Defense

Find a Local Lawyer

Bankruptcy (866) 635-1838
Divorce (866) 635-6190
Personal Injury (866) 635-2689
Criminal Defense (866) 635-9402

Bookmark

Bailout

: Calculated Risk

Report: SEC to Charge Angelo Mozilo with Insider Trading

By Anonymous

ADVERTISEMENTS
Headline from the WSJ: The SEC is expected to approve civil fraud charges against former Countrywide executives as soon as today.

From CNBC: SEC to Charge Ex-Countrywide CEO: Sources

The SEC will charge Angelo Mozilo, former chairman and CEO of Countrywide Financial, with insider trading, according to people familiar with the situation.

The SEC will also charge the company's former chief operating officer, David Sambol, and former financial chief, Eric Sieracki, with securities fraud for failing to disclose the firm's relaxed lending standards in its 2006 annual report.

The charges, which are expected to be announced by the SEC later today, will not be accompanied by any criminal indictments.


Full post as published by Calculated Risk on June 04, 2009 (boomark / email).

Bloggers, promote your law blog by nominating your blog for inclusion in USLaw.com's Law Blog Directory and RSS Reader. Benefits described.
Related Law Articles

Mitchell Report Summary
Report on Steroid Drug Use in Major League Baseball by Senator George Mitchell

Truth In Lending Act
Consumer Loans and Consumer Credit Protection Act

Lawsuits and Settlements

Trading Fraud
Former stock trader to pay $55,000 in CFTC settlement.

NCAA and Ticketmaster
alleging they have a monopoly on college sports events and charge non-refundable fees to enter a lottery for the rights to purchase tickets to the sporting events.

Bank Website Security
New Report Finds Widespread Flaws

Operating Room Fires
Hundreds Injured During Surgery, New Report Shows

Tree Stands
Ardisam Inc. pays $420,000 settlement for failing to report defective product to government officials.

Related Searches

























































































































US Law
#1 Online Legal Resource













Your Blog Subscriptions
Subscribe to blogs

10,000+ Law Job Listings
Lawyer . Police . Paralegal . Etc
Earn a law-related degree
Are you the author of this blog? Adding USLaw.com to your Blogroll increases relevance. You qualify to display a USLaw Network badge.
Suggest changes to this blog's description or nominate another for inclusion. Register for updates.


Practice Area
Zip Code:

Contact a Lawyer Now!






0.0128 secs (new cache)