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 […]
OFFICE OF THE ATTORNEY GENERAL TO HOST COMMUNITY
Criminal Division | Department of Justice | Department of Justice Press Releases | Date Posted: Wednesday, April 1, 2009
The Delaware Attorney General’s Office will host a series of interactive community forums across New Castle County in April and May to discuss the Community Prosecution program, a collaborative approach to fighting crime. Launched in 2007 in Wilmington, and expanded last year to all of New Castle County, Community Prosecution brings residents, prosecutors, and law […]
Statewide Senior Abuse Training to be held April 1 – 2, 2009
Criminal Division | Department of Justice Press Releases | Date Posted: Tuesday, March 31, 2009
Media invited to attend April 1st opening session, which begins at 8:00 a.m. On Wednesday, April 1, a two-day statewide training entitled “Recognizing and responding to abuse of the elderly and the disabled” will be held for Delaware law enforcement and first responders. The training, offered by Attorney General Biden’s Senior Abuse Initiative and hosted […]
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 […]
