The private equity firm failed to properly disclose fees and conflicts of interest to limited partners in some funds, the SEC said.
The SEC says the bank made "substantial revenues" by misleading clients about the pricing of foreign exchange trades.
Plaintiff filings in federal courts are up 17%, and as many as 6% of S&P 500 companies could be the target of such suits this year.
The benefits in bank conversion are clear, but the path to getting approval from regulators that tend to distrust innovation is challenging.
The company will restructure its compensation system to settle FTC charges that it made false promises to distributors about their potential income.
“Companies like Warner Brothers need to be straight with consumers in their online ad campaigns," the Federal Trade Commission says.
The ruling is the second victory in as many months for shareholders who sued for an appraisal of their holdings in a takeover target.
The agency is investigating whether Facebook understated its tax liability by valuing intellectual property it sold to an Irish subsidiary too…
The SEC says Thomas Avent's broker paid him $50,000 for tips about pending deals involving KPMG clients.
The class action alleged the retirement plan provider charged participants $40 million in "bloated and superfluous" fees.