conflict of interest
Burford Capital CEO’s Wife Steps Down as CFO
Elizabeth O'Connell is taking another job at the litigation finance firm amid investor concerns over her independence.
Note to Directors: It’s Who You Know that Counts
New research finds that companies will pay a premium for a well-connected board.
Investment Advisor Charged Over Bond Issues
The SEC says Atlantic Asset Management failed to disclose its investment of more than $43 million in tribal bonds would benefit insiders.
Five Accountants Charged With Audit Violations
The SEC alleges CPA Peter Messineo owned stakes in companies that the firm he worked for was auditing.
RBC Loses Appeal of $75M Class-Action Award
The Delaware Supreme Court upholds a verdict that found RBC Capital liable for misleading a client it was advising in a merger deal.
PE Firm Fined $10M Over Disclosure Violations
Private equity firm Fenway Partners failed to disclose some of the fees a portfolio company paid to a consulting firm affiliate, according to the SEC.
Merrill Can’t Ditch Suit Over Advice to Zale
A Delaware judge finds investors may sue Merrill for failing to disclose a potential conflict during Zale's sale to Signet Jewelers.
Guggenheim Settles Disclosure Case for $20M
The SEC alleges the investment firm failed to disclose a conflict of interest arising out of a client's loan to a Guggenheim executive.
BlackRock Sanctioned $12M Over Conflict of Interest
BlackRock failed to eliminate or disclose a conflict pertaining to a portfolio manager's dealings in the energy sector.