Ex-Credit Suisse Broker MIA

Law360, New York (July 31, 2008, 12:00 AM EDT) -- One of the two former Credit Suisse Group brokers under suspicion for allegedly lying to investors about the nature of the auction rate securities they bought has reportedly disappeared, possibly back to his native Bulgaria.

On Thursday, the Wall Street Journal reported that Julian Tzolov was missing and could be hiding in Eastern Europe, citing unnamed sources familiar with the matter.

The supposed slip took place as federal prosecutors are allegedly gearing up to bring criminal charges against Tzolov and Eric Butler, the Journal said....
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.