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Delaware News



  Category: Investor Protection


Biden’s Investor Protection Unit Gauging Vulnerability to Cybersecurity Threats

Department of Justice | Department of Justice Press Releases | Fraud | Investor Protection | Date Posted: Wednesday, September 10, 2014

Delaware’s Investor Protection Unit is participating in a nationwide project to gauge the strength of Delaware investment advisers’ cybersecurity systems. Delaware law requires investment firms to register with the state’s Investor Protection Unit, and that office recently sent surveys to 44 investment companies covering areas such as whether the investment adviser has experienced a cybersecurity event in the past year, experienced loss or theft because of a cybersecurity breach and when the adviser last underwent a cybersecurity threat assessment.




Biden’s insistence on accountability for mortgage crisis leads to $45 million for Delaware, millions more in financial benefits for Delawareans from Bank of America

Department of Justice | Department of Justice Press Releases | Fraud | Investor Protection | Date Posted: Thursday, August 21, 2014

Biden has now secured at least $180 million from banks for conduct that caused mortgage crisis; Delaware is one of four states to participate directly in past three major settlements Wilmington – Bank of America has agreed to pay $45 million to Delaware and provide significant financial benefits to Delaware homeowners to settle allegations that […]




Pfizer to pay $35 million to resolve allegations of improper marketing of popular organ transplant drug

Consumer Protection | Department of Justice | Department of Justice Press Releases | Investor Protection | Date Posted: Wednesday, August 6, 2014

Attorney General Beau Biden announced today that his office has joined 41 other State Attorneys General in reaching a $35 million nationwide settlement with Pfizer Inc, as parent of Wyeth Pharmaceuticals Inc., over allegations the company unlawfully promoted Rapamune, an immunosuppressive drug currently approved by the FDA for use in preventing organ rejection after kidney transplant surgery.




Biden Secures Millions More For Delaware

Department of Justice | Department of Justice Press Releases | Investor Protection | Date Posted: Monday, July 14, 2014

Delaware Attorney General Beau Biden announced Monday that Citigroup Inc. will pay at least than $17 million to Delaware to settle allegations stemming from the bank’s conduct that helped cause the housing crisis.




Biden’s office secures Order requiring manufactured home community to pay refunds to tenants

Consumer Protection | Department of Justice | Department of Justice Press Releases | Investor Protection | Date Posted: Friday, May 16, 2014

Attorney General Beau Biden announced today that his office has secured a consent order requiring a Smyrna-area manufactured home community to refund monies it collected in violation of the law.







  Category: Investor Protection

Biden’s Investor Protection Unit Gauging Vulnerability to Cybersecurity Threats

Department of Justice | Department of Justice Press Releases | Fraud | Investor Protection | Date Posted: Wednesday, September 10, 2014

Delaware’s Investor Protection Unit is participating in a nationwide project to gauge the strength of Delaware investment advisers’ cybersecurity systems. Delaware law requires investment firms to register with the state’s Investor Protection Unit, and that office recently sent surveys to 44 investment companies covering areas such as whether the investment adviser has experienced a cybersecurity event in the past year, experienced loss or theft because of a cybersecurity breach and when the adviser last underwent a cybersecurity threat assessment.




Biden’s insistence on accountability for mortgage crisis leads to $45 million for Delaware, millions more in financial benefits for Delawareans from Bank of America

Department of Justice | Department of Justice Press Releases | Fraud | Investor Protection | Date Posted: Thursday, August 21, 2014

Biden has now secured at least $180 million from banks for conduct that caused mortgage crisis; Delaware is one of four states to participate directly in past three major settlements Wilmington – Bank of America has agreed to pay $45 million to Delaware and provide significant financial benefits to Delaware homeowners to settle allegations that […]




Pfizer to pay $35 million to resolve allegations of improper marketing of popular organ transplant drug

Consumer Protection | Department of Justice | Department of Justice Press Releases | Investor Protection | Date Posted: Wednesday, August 6, 2014

Attorney General Beau Biden announced today that his office has joined 41 other State Attorneys General in reaching a $35 million nationwide settlement with Pfizer Inc, as parent of Wyeth Pharmaceuticals Inc., over allegations the company unlawfully promoted Rapamune, an immunosuppressive drug currently approved by the FDA for use in preventing organ rejection after kidney transplant surgery.




Biden Secures Millions More For Delaware

Department of Justice | Department of Justice Press Releases | Investor Protection | Date Posted: Monday, July 14, 2014

Delaware Attorney General Beau Biden announced Monday that Citigroup Inc. will pay at least than $17 million to Delaware to settle allegations stemming from the bank’s conduct that helped cause the housing crisis.




Biden’s office secures Order requiring manufactured home community to pay refunds to tenants

Consumer Protection | Department of Justice | Department of Justice Press Releases | Investor Protection | Date Posted: Friday, May 16, 2014

Attorney General Beau Biden announced today that his office has secured a consent order requiring a Smyrna-area manufactured home community to refund monies it collected in violation of the law.