Fabrice Tourre, executive director at Goldman Sachs, testifies on Capitol Hill on April 27, 2010 in Washington, DC. Tourre is accused of misleading investors about risky assets ahead of the US housing market meltdown denied fraud charges by securities regulators.(AFP/Getty Images/File/Chip Somodevilla)AFP - A French executive at Goldman Sachs accused of misleading investors about risky assets ahead of the US housing market meltdown denied fraud charges by securities regulators.


Stefan Ortseifen, former CEO of German industrial bank Deutsche Industriebank (IKB) waits for his verdict in a court in Dusseldorf Wednesday July 14, 2010. Ortseifen, was found guilty of market manipulation in one of the first white-collar convictions in the aftermath of the 2007 sub prime crisis. Ortseifen was fined 100,000 euros and received a ten month suspended jail sentence on Wednesday for misleading investors about the perilous state of IKB's finances two years ago. (AP Photo/Wolfgang Rattay, Pool)AP - The former chief executive of Germany's IKB Deutsche Industriebank AG was convicted Wednesday of misleading investors over the extent of the lender's exposure to the looming financial crisis in 2007.


AP - A French prosecutor asked a court Wednesday to acquit former Vivendi CEO Jean-Marie Messier and other ex-executives of misleading investors about their indebted company.
Reuters - Countrywide Financial Corp, the mortgage lender acquired by Bank of America Corp , has agreed to a $624 million settlement of a lawsuit accusing it of misleading investors about its lending practices.
NEW YORK (Reuters) - Countrywide Financial Corp, the mortgage lender acquired by Bank of America Corp, has agreed to a $624 million settlement of a lawsuit accusing it of misleading investors about its lending practices.


Reuters - A U.S. federal judge dismissed a shareholder lawsuit accusing Canadian Imperial Bank of Commerce and four executives, including Chief Executive Gerald McCaughey, of misleading investors about the bank's exposure to subprime mortgages.
AP - A judge on Thursday ordered a former Kmart CEO to pay more than $10 million for misleading investors before the retail chain filed for bankruptcy protection in 2002.

FILE - In this Jan. 18, 2010 file photo, a Bank of America branch is shown in Charlotte, N.C. A judge on Monday, Feb. 8, 2010 promised to decide by the end of next week whether to approve a $150 million settlement between the Securities and Exchange Commission and Bank of America over civil charges alleging the bank misled shareholders when it acquired Merrill Lynch. (AP Photo/Chuck Burton, File)AP - A judge promised Monday to decide by the end of next week whether to approve a $150 million settlement between the Securities and Exchange Commission and Bank of America over civil charges alleging the bank misled shareholders when it acquired Merrill Lynch.


AP - A judge has upheld a civil verdict against the former head of Kmart Corp., who was found liable for misleading investors about the retailer's health in 2001.
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A bike rider passes a sign for the nation's largest bank, Bank of America Corporation, in Vienna, Virginia in this October 16, 2009 file photo. REUTERS/Larry DowningReuters - U.S. securities regulators will continue to "vigorously pursue" charges against Bank of America Corp for allegedly misleading investors over bonuses paid to Merrill Lynch employees, a top Securities and Exchange Commission official said on Friday.