Selected Press Releases
SEC Sues Two Executives in Texas to Recover Bonuses and Stock Profits Received During Accounting Fraud
04/02/2012
The Securities and Exchange Commission today sued two former executives at an Austin, Texas-based surgical products manufacturer to recover bonus compensation and stock sale profits they received during an accounting fraud at the company.Read moreSEC Charges Medical Device Company Biomet with Foreign Bribery
03/26/2012
The Securities and Exchange Commission today charged Warsaw, Ind.-based medical device company Biomet Inc. with violating the Foreign Corrupt Practices Act (FCPA) when its subsidiaries and agents bribed public doctors in Argentina, Brazil, and China for nearly a decade to win business.Read moreSEC Issues Risk Alert on Strengthening Practices for Underwriting of Municipal Securities, and Investor Bulletin on Municipal Bonds
03/19/2012
The Securities and Exchange Commission today issued a Risk Alert on compliance measures to help broker-dealers fulfill their due-diligence duties when underwriting offerings of municipal securities. The agency also issued an Investor Bulletin to help educate investors about municipal bonds. Read moreSEC Charges Senior Executives at California-Based Firm in Stock Lending Scheme
03/15/2012
The Securities and Exchange Commission today charged two senior executives and their California-based firm with defrauding officers and directors at publicly-traded companies in an elaborate $8 million stock lending scheme.Read moreSEC Charges Bay Area Investment Adviser for Defrauding Investors With Bogus Audit Report
03/15/2012
The Securities and Exchange Commission today charged a San Francisco-area investment adviser with defrauding investors by giving them a bogus audit report that embellished the financial performance of the fund in which they were investing.Read more