Former i2 CEO Pays $8M To Settle With SEC

Law360, New York (February 16, 2007, 12:00 AM EST) -- The former chief executive officer of i2 Technologies Inc. has settled U.S. Securities and Exchange Commission charges he overstated revenues by shelling out $8.3 million.

The Thursday settlement also bars him from serving as a public company officer or director for five years, and enjoins him from securities fraud.

Greg Brady, who was charged in the U.S. District Court for the Northern District of Texas, was one of three the SEC accused of overstating company revenues. With the settlement, Brady did not admit any wrongdoing....
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.