April 15, 2024
A New York federal judge on Monday granted an early win to the U.S. Securities and Exchange Commission on its claims against an advisory and its two principals who were involved in a $119 million bond offering by the city of Rochester, New York, saying the firm failed to disclose conflicts of interest present in its fee arrangements.
March 05, 2024
A New York federal judge has declined to grant early wins to the city of Rochester, New York; its former finance director; and an advisory firm named in a suit by the U.S. Securities and Exchange Commission alleging they misled investors in a $119 million bond offering.
June 14, 2022
The U.S. Securities and Exchange Commission on Tuesday accused the city of Rochester, New York, its former finance director and an advisory firm of misleading investors in a $119 million bond offering, alleging the municipal adviser also failed to disclose conflicts of interest.