Monthly Archives: September 2003

<body.content> <block> <p>NEW YORK, Sept. 17 /PRNewswire-FirstCall/ — Advent Software, Inc. , the leading provider of software to the financial services industry, announces thelaunch of “Advent(R) for Asset Managers,” a comprehensive solution of software, data, and services designed specifically for […]

As regulators step up their probe into allegations of improper activity by mutual funds, a new study suggests illegal late trading may be more widespread than previously reported. The study by Stanford University Prof. Eric Zitzewitz found that late trading […]

The attorney general of New York State, Eliot Spitzer, expanded his campaign against abuses on Wall Street on Tuesday by bringing the first criminal charges in a sweeping investigation into mutualfund trading. Spitzer filed charges against Theodore Sihpol, a former […]

PPL Therapeutics, a spinoff of the Roslin Institute that propelled the biotechnology industry into a new realm seven years ago when it cloned a sheep named Dolly, has said that it will sell its lastassets and close. The company, based […]

— (MARKET WIRE) — 09/17/2003 — What: Stephanie DiMarco, Founder, Chairman and Chief Executive Officer, Advent Software, Inc. (NASDAQ: ADVS), will join Ed Knight, Executive Vice President and General Counsel, The NASDAQ Stock Market, to preside over the Market Open. […]

NEW YORK (AP) — New York prosecutors filed the first criminal counts in their investigation of mutual fund trading practices, charging a former Bank of America broker in a scheme they said costinvestors tens of millions of dollars. Theodore Sihpol […]

State authorities filed criminal charges Tuesday against a former Bank of America broker allegedly at the center of illegal mutual fund trades they say cost investors tens of millions of dollars. Theodore Sihpol III, 36, surrendered to authorities was to […]

Sep. 16–New York and federal officials are expected to announce criminal and civil charges today related to the widening mutual fund investigation that has ensnared several large companies,including Bank of America Corp. In a joint press conference scheduled for noon […]

Controversies that are testing investors’ faith in the stock market are to be expected following an unprecedented 17-year economic expansion and run-up in U.S. markets. Corporate wrongdoing, investment malfeasance and exorbitant salaries and benefits don’t surprise James W. Brinkley, vice […]

BOSTON (AP) – State securities officials were probing possible improper market timing at one of Putnam Investments’ international funds. Secretary of State William Galvin said Monday subpoenas were issued Thursday, regarding trades at the firm’s International Capital Opportunities Fund between […]

DOLLY the sheep firm PPL Therapeutics caved in to pressure from hedge funds and put itself up for sale, the latest example of a British scientific breakthrough ending up a disappointment. Value investor and 21pc stakeholder Metage Capital was one […]

Secretary of State William Galvin confirmed yesterday that his staff has launched a probe into possible improper fund trading at Putnam Investments in Boston. The Putnam inquiry is Galvin’s latest investigation into mutual fund trades and comes as the industry […]