Fund Manager Targeted By SEC Claims Amnesia

Law360, New York (April 10, 2007, 12:00 AM EDT) -- A fund manager accused of making false statements and losing $134 million claimed amnesia after the U.S. Securities and Exchange Commission tried to contact him during an investigation into his firm.

Albert Parish, a professor at Charleston Southern University and founder of Parish Economics LLC, checked into a local hospital last Friday, one day after the SEC filed a fraud suit against him in the U.S. District Court for the District of South Carolina.

Parish founded his firm in 1986, creating four funds described as “informal...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

Securities and Exchange Commission v. Parish et al


Case Number

2:07-cv-00919

Court

South Carolina

Nature of Suit

Securities/Commodities

Judge

David C Norton

Date Filed

April 5, 2007

Government Agencies

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.