February 03, 2014
A Michigan federal judge on Friday approved a settlement that will require former NFL receiver Michael Farr to pay $3.6 million in penalties to put to rest allegations by the U.S. Securities and Exchange Commission that he helped a disgraced businessman and investment adviser steal from a trio of pension funds.
January 08, 2013
The U.S. Securities and Exchange Commission agreed Monday to settle its claims against former Detroit Lions receiver Michael Farr, who allegedly helped investment adviser Roy Dixon Jr. and his private equity firm steal $3.1 million from three Michigan pension funds.