August 12, 2014
A Texas federal judge on Monday pushed back at the U.S. Securities and Exchange Commission when he refused to grant the agency's request to bar two former executives of a failed Houston bank who were accused of misleading investors about the lender's health at the height of the financial crisis.
July 11, 2012
The U.S. Securities and Exchange Commission told a Texas federal judge Monday that claims that the agency waived its right to sue two former bank executives who allegedly hid $30 million in underperforming assets from investors were frivolous and designed to prejudice the court.
April 06, 2012
The U.S. Securities and Exchange Commission on Friday said two former executives of a failed Texas community bank concealed the bank's collapsing loan portfolio during the last stages of the housing bubble in an effort to hide its faltering finances.