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Value Line Pays $45 Million to Settle Fraud Case

Los Angeles : CA : USA | about 1 month ago  
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The investment adviser Value Line, two former executives and an affiliated broker-dealer agreed on Wednesday to pay $45 million to settle a Securities and Exchange Commission fraud case Value Line said that its chief executive Jean Buttner had resigned on Wednesday and was succeeded by the chief...
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  • News Source: Palm Beach Post | about 1 month ago
    Investment adviser Value Line Inc., its CEO and its former compliance chief have agreed to pay about $45 million to settle regulators' allegations the firm charged more than $24 million in bogus commissions on mutual fund trades. The Securities and...
  • News Source: The New York Times | about 1 month ago
    The investment adviser Value Line, two former executives and an affiliated broker-dealer agreed on Wednesday to pay $45 million to settle a Securities and Exchange Commission fraud case Value Line said that its chief executive Jean Buttner had...
  • News Source: Fox News | about 1 month ago
    Value Line mutual funds by charging millions in bogus commissions on trades funneled through Value Line Securities. The company, along with Chief Executive Jean Buttner, former Chief Compliance Officer David Henigson and Value Line Securities, has...
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