August 23, 2011
A New York federal judge on Tuesday sentenced former Credit Suisse Group AG broker Eric Butler to five years in prison for lying to investors about $1.1 billion in auction rate securities, ending a two-year appeal process.
June 17, 2011
A New York federal judge on Friday warned a former Credit Suisse Group AG broker accused of tricking investors into buying auction rate securities that the Second Circuit's dismissal of his fraud conviction could put him at risk of a longer prison term.