Investment Bank CEO Admits To Stock Scheme

Law360, New York (March 29, 2007, 12:00 AM EDT) -- The chief executive of a Los Angeles, Calif.-based investment bank has pled guilty to securities fraud and conspiracy charges for taking part in a fraudulent scheme to acquire and sell shares of small-cap companies.

Dan Rubin, the head of Rubin Investment Group and the CEO of attorney referral firm 1-800-ATTORNEY Inc., has agreed to pay $2 million and pled guilty before Judge Eric N. Vitaliano in the U.S. District Court for the Eastern District of New York on Wednesday in a suit brought by the U.S....
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