Tag: negligent fraud

One of the Commission’s significant market crisis cases arose out of the collapse of IndyMac Bancorp, Inc. SEC v. Perry, Civil Action No. CV 11-01309 (C.D. Cal. Filed Feb. 11, 2011). The complaint named as defendants Michael Perry, former CEO …

SEC Settles With Former IndyMac CEO After Dropping Most Claims Read More »

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Is the SEC heading for another confrontation with the court? In two prior high profile market crisis cases the court would not approve the settlements until the Commission made changes to the settlement terms. This happened in Bank of America …

WILL THE COURT APPROVE THE J.P. MORGAN SETTLEMENT? Read More »

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