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Delaware News



  Category: Fraud


Attorney General’s office joins lawsuits against pharmaceutical manufacturer for

Department of Justice | Department of Justice Press Releases | Fraud | Date Posted: Tuesday, May 19, 2009

The Delaware Attorney General’s Office announced today that it is joining the federal government, 14 states, and the District of Columbia in two whistleblower lawsuits in federal district court against the drug manufacturer Wyeth. The suits allege that Wyeth knowingly failed to report accurate pricing for its drugs Protonix Oral and Protonix IV and avoided […]




Attorney General’s Office takes action to fight home improvement fraud

Department of Justice | Department of Justice Press Releases | Fraud | Date Posted: Tuesday, May 12, 2009

The Delaware Attorney General’s Office is warning consumers to be aware of home improvement fraud and announced criminal sentencings in two construction fraud cases: From June to August 2007, Wilbert C. Saunders, age 53 of Newark, received over $11,000 in payments for home renovations which were never completed. Saunders pled guilty on February 18, 2009 […]




Wachovia and Citigroup to pay $618,000 for misleading investors

Department of Justice | Department of Justice Press Releases | Fraud | Date Posted: Friday, April 10, 2009

Community News April 10, 2009 Wachovia and Citigroup will each pay a $309,000 fine to the State of Delaware for misleading investors about the safety of the auction rate securities market, the Delaware Department of Justice announced on April 9. The fines will be paid into the Delaware Investor Protection Fund, used by the Department […]




Wachovia and Citigroup to Pay $618,000 Fine to Delaware for Sale of Auction Rate Securities

Department of Justice | Department of Justice Press Releases | Fraud | Date Posted: Thursday, April 9, 2009

The Delaware Department of Justice announced today that it has reached agreements with Wachovia Securities, LLC and Wachovia Capital Markets, LLC and Citigroup Global Markets Inc. following an investigation into their marketing and sale of auction rate securities (ARS). Each firm will pay a fine of more than $309,000 to the State of Delaware for […]




State Securities Regulators Urge Congress to Provide Greater Resources to Fight Investment Fraud

Department of Justice | Department of Justice Press Releases | Fraud | Date Posted: Friday, March 20, 2009

Ropp: “State securities regulators have the determination, willpower and experience to pursue perpetrators of financial crime.” WASHINGTON (March 20, 2009) – Drawing from their experience on the front lines of investor protection, two state securities regulators offered the House Financial Services Committee concrete proposals to enhance the states’ ability to pursue and prosecute perpetrators of […]







  Category: Fraud

Attorney General’s office joins lawsuits against pharmaceutical manufacturer for

Department of Justice | Department of Justice Press Releases | Fraud | Date Posted: Tuesday, May 19, 2009

The Delaware Attorney General’s Office announced today that it is joining the federal government, 14 states, and the District of Columbia in two whistleblower lawsuits in federal district court against the drug manufacturer Wyeth. The suits allege that Wyeth knowingly failed to report accurate pricing for its drugs Protonix Oral and Protonix IV and avoided […]




Attorney General’s Office takes action to fight home improvement fraud

Department of Justice | Department of Justice Press Releases | Fraud | Date Posted: Tuesday, May 12, 2009

The Delaware Attorney General’s Office is warning consumers to be aware of home improvement fraud and announced criminal sentencings in two construction fraud cases: From June to August 2007, Wilbert C. Saunders, age 53 of Newark, received over $11,000 in payments for home renovations which were never completed. Saunders pled guilty on February 18, 2009 […]




Wachovia and Citigroup to pay $618,000 for misleading investors

Department of Justice | Department of Justice Press Releases | Fraud | Date Posted: Friday, April 10, 2009

Community News April 10, 2009 Wachovia and Citigroup will each pay a $309,000 fine to the State of Delaware for misleading investors about the safety of the auction rate securities market, the Delaware Department of Justice announced on April 9. The fines will be paid into the Delaware Investor Protection Fund, used by the Department […]




Wachovia and Citigroup to Pay $618,000 Fine to Delaware for Sale of Auction Rate Securities

Department of Justice | Department of Justice Press Releases | Fraud | Date Posted: Thursday, April 9, 2009

The Delaware Department of Justice announced today that it has reached agreements with Wachovia Securities, LLC and Wachovia Capital Markets, LLC and Citigroup Global Markets Inc. following an investigation into their marketing and sale of auction rate securities (ARS). Each firm will pay a fine of more than $309,000 to the State of Delaware for […]




State Securities Regulators Urge Congress to Provide Greater Resources to Fight Investment Fraud

Department of Justice | Department of Justice Press Releases | Fraud | Date Posted: Friday, March 20, 2009

Ropp: “State securities regulators have the determination, willpower and experience to pursue perpetrators of financial crime.” WASHINGTON (March 20, 2009) – Drawing from their experience on the front lines of investor protection, two state securities regulators offered the House Financial Services Committee concrete proposals to enhance the states’ ability to pursue and prosecute perpetrators of […]