Law360, New York (August 07, 2009) -- On July 21, the U.S. Securities and Exchange Commission charged Perry Corp., a New York investment adviser, with securities law violations for failing to report substantial stock purchases in order to vote the shares in favor of a merger.
Without admitting or denying the SEC’s findings, Perry consented to an entry of an administrative cease-and-desist order and agreed to pay a fine of $150,000....
