August 15, 2013
Conrad Black, the contentious former head of Hollinger International, was ordered Thursday to pay $4.1 million in restitution and barred from serving as director of any public U.S. company as part of his settlement deal with the U.S. Securities and Exchange Commission. Correction: An earlier story incorrectly stated the amount of the fine. It was reduced to $4.1 million, and has already been paid. The error has been corrected.
December 11, 2012
Newspaper magnate Conrad Black said Friday he was asking the Seventh Circuit to overturn penalties of more than $6 million in a U.S. Securities and Exchange Commission suit accusing Black of illicitly profiting from sales of newspaper entities by his defunct company and concealing the scheme from shareholders.
October 11, 2012
An Illinois federal judge Tuesday denied a request by the U.S. Securities and Exchange Commission to impose $4.1 million in additional penalties on fallen newspaper magnate Conrad Black for his role in a scheme that precipitated the downfall of his Hollinger Inc. media empire and his subsequent fraud conviction.
August 24, 2012
Fallen newspaper magnate Conrad Black on Thursday lashed out at the U.S. Securities and Exchange Commission for requesting that an Illinois federal judge boost civil penalties against him to more than $10 million, saying he had already been punished "more than enough" for his fraud conviction.
July 27, 2012
The U.S. Securities and Exchange Commission asked an Illinois federal court on Thursday to boost the penalties against Conrad Black to a total exceeding $10 million, saying the fallen newspaper magnate is unrepentant after his fraud conviction and that the punishment would stand as a warning to other corporate leaders to abide the law.
July 29, 2011
Former media baron Conrad Black on Thursday told the Illinois federal judge overseeing civil fraud claims against him that the reversal of parts of his related criminal conviction should dramatically reduce the $3.8 million he was ordered to disgorge.