SEC

U.S. Appeals Court Delays SEC-Citigroup Fraud Case

The U.S. Securities and Exchange Commission won a delay in its securities fraud lawsuit against Citigroup Inc, as the regulator tries to appeal a judge's decision to reject its $285 million settlement with the bank.

SEC Seeks Emergency Halt to Citigroup Fraud Case

The Securities and Exchange Commission filed an emergency request to put its securities fraud lawsuit against Citigroup Inc on hold, saying a failure to delay the case would derail its proposed settlement with the bank and threaten "irreparable" harm.

FDA Warned PIP on Breast Implant Safety

As early as 2000, U.S. health authorities raised concerns about the French breast implant maker at the heart of a scandal affecting hundreds of thousands of women worldwide. That was almost ten years before the company came under scrutiny from European regulators.

SEC Amends Net Worth Standard under Dodd-Frank Act

The value of a person's home will be excluded from net worth calculations used to determine whether an individual may invest in certain unregistered securities offerings, the Securities and Exchange Commission said Wednesday as it moves to adopt new standards under the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act.

Falcone's wireless company running out of cash

The upstart wireless company that is being bankrolled by Philip Falcone's $5 billion Harbinger Capital Partners hedge fund could run out of money during the second quarter of 2012, according to the company's financial statement.

Rudy inspiration charged with securities fraud

U.S. securities regulators on Friday charged Daniel Ruettiger -- the inspiration behind the 1993 movie Rudy -- and 12 others with running a scheme to deceive investors into buying stock in Ruettiger's sports drink company.

Megan Dills: Pictures of the Playboy Model [PHOTOS]

Playboy model Megan Dills will miss a photo shoot Saturday after suffering injuries at an Indiana Hoosiers college basketball game in Bloomington. Fans stormed the court after the Hoosiers hoisted a three-point buzzer-beater to win the game. Dills got caught up in the rush and injured her ankle.

Jive Software Inc. Launches Hot IPO, Shares Jump 25 Percent First Day

Jive was up as much as 38 percent during the trading day on the NASDAQ Stock Market, reaching an intraday high of $16.50. The company, based in Palo Alto, Ca., said in a statement it sold 13.4 million shares at $12 each after originally planning to sell 11.7 million shares at $8 to $10 each.

Wells Fargo Paying $148 Million to Settle Wachovia Muni Bid-Rigging Case

The SEC on Thursday charged Wachovia Bank N.A. -- now Wells Fargo Bank following a merger in March 2010 -- with fraudulently engaging in secret arrangements with bidding agents to improperly win business from municipalities and guarantee itself profits in the reinvestment of municipal bond proceeds.

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