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Mini-bond investors were damaged by the South Carolina-owned utility's disclosure omissions, according to the suit. [ABSTRACT FROM AUTHOR]

The defendant's claim that he's a victim of the Brogdon nursing home frauds shouldn't cloud the court's decision, the SEC said. [ABSTRACT FROM AUTHOR]

Former broker Deborah Kelley could end up paying close to half a million dollars in fines, penalties, and restitution for her role in defrauding the New York State Common Retirement Fund. [ABSTRACT FROM AUTHOR]

Christopher St. Lawrence is arguing that errors during his case should allow him an acquittal or new trial. [ABSTRACT FROM AUTHOR]

The Securities and Exchange Commission is asking a federal court judge to deny former Miami budget director Michael Boudreaux's motion to vacate a verdict that found him guilty of securities fraud, saying the former official's arguments are meritless and do not meet the high burden required for such action. [ABSTRACT FROM AUTHOR]

The article reports that Securities Exchange Commission has charged Texas Attorney General Ken Paxton with fraud in an investment scheme case involving a Texas-based technology.

The article discusses a U.S. court case wherein the U.S. Court of Appeals for the Second Circuit in New York has scheduled a hearing of former UBS bankers Peter Ghavami, Michael Welty, and Gary Heinz. It notes that the three bankers were convicted in August 2012 for rigging bids for investment contracts and municipal bond products from 2001-2006. It cites that the appeals court will hear arguments by the former bankers that they were denied rights at the district court level.

The article reports on the settlement of a federal class action lawsuit stemming from the failure of a bond-financed sucralose plant project of artificial sweetener producer Mamtek US Inc. in Moberly, Missouri. Terms of the settlement include monetary distribution to investors after payment of legal and other fees. The state securities laws allegedly violated by underwriter Morgan & Co. in the bond deal and allegations of making false statements and misrepresentation are discussed.

The article reports that banking company Charles Schwab has settled the auction-rate securities lawsuit filed in 2009 by the state of New York. In the case New York v. Schwab, the state claimed that the company has falsely promoted the auction-rate securities as safe investments while failing to disclose the risks before the market collapsed during the 2008 credit crisis.

The article reports on the move of two former JPMorgan bankers, Charles LeCroy and Douglas MacFaddin, to asked a federal judge to dismiss federal pay-to-play charges connected to sewer deals that helped push Jefferson County, Alabama into bankruptcy. LeCroy and MacFaddin said that record supports ending the four-count securities fraud case filed in 2009 by the Securities and Exchange. Both also argued that there is no actionable disclosure omission concerning two of the swaps.

The article reports that Bruce Cole, chief executive officer (CEO) of artificial sweetener producer Mamtek USA, was sentenced seven years in prison by Circuit Court Judge Dan Pelikan of Saint Charles County, Missouri for theft and securities fraud as of November 2014. Topics covered include the firm's involvement in prompting a default on municipal bonds sold for a failed sucralose plant in Moberly, Missouri, and the comments of Missouri Attorney General Chris Koster on the ruling.

The article reports on the decision of the U.S. Securities and Exchange Commission (SEC) to charge the city of Allen Park in Michigan and two former city leaders including former mayor Gary Burtka with fraud in connection with municipal bonds sold to finance a movie studio project in the city. The agency charged Burtka under Section 20(a) of its Securities and Exchange Act related to control person liability. Also mentioned is the impact of this move on public leaders and issuers.

The article reports that the U.S. Securities and Exchange Commission (SEC) filed a lawsuit with the U.S. District Court for the Southern District of Florida on July 19, 2013, charging the city of Miami and its former budget director Michael Boudreaux with securities fraud. The SEC claimed that the city made misleading statements in its annual financial reports to cover up a series of inter-fund transfers made between 2007 and 2009, so as to hide Miami's growing general fund deficit.