
BMO Pays $41M to Settle SEC Charges of Failing to Supervise ‘Sliver Bond’ Sales
According to the regulator, firm employees used misleading metrics to sell mortgage-backed bonds.
According to the regulator, firm employees used misleading metrics to sell mortgage-backed bonds.
The firm will pay a $6.8 million fine for allegedly making false statements in regulatory filings.
However, the future of ESG regulation in the U.S. is unclear under a second Trump administration.
The NYSE’s parent company allegedly waited four days before telling nine subsidiaries of the 2021 network breach.
The airline agreed to pay $5 million to the Birmingham fire and police pension fund but denied any wrongdoing.
Mississippi’s public employees' fund, a Louisiana sheriffs’ fund and the state of Rhode Island were among the lead plaintiffs.
Swedish pension fund AP7 was among the plaintiffs who alleged Kraft Heinz misled investors regarding a $15.4 billion goodwill charge.
CEO Manish Lachwani allegedly falsely inflated the software firm’s revenue by $800 million.