Ex-Bear Stearns Managers To Settle SEC Suit For $1M
By Lana Birbrair ( February 13, 2012, 7:59 PM EST) -- Two former Bear Stearns Cos. Inc. hedge fund managers agreed Monday to pay more than $1 million in disgorgement and penalties to tentatively settle a U.S. Securities and Exchange Commission suit after escaping criminal charges alleging the pair lied about the investments of two funds they ran....
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