hedge fund

Bank of America Corp (BAC) To Pay $132M Penalty To SEC Over Mortgages

Bank of America Corp (NYSE:BAC) is set to pay $131.8 million to the U.S. Securities and Exchange commission (SEC) to settle charges that accused its Merrill Lynch unit of misleading the investors on the...

SAC Capital to Pay $1.8 Billion Penalty to Settle Insider Trading Case

SAC Capital Advisors agreed to pay a penalty of $1.8 billion and pleaded guilty to settle the insider trading complaint filed by the United States Department of Justice (DOJ). In a press conference, U.S. Attorney...

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