Evan Greebel, a former lawyer for Martin Shkreli's pharmaceutical companies, was found guilty of helping Shkreli steal US$11 million
The firm’s actual research reports, which were available to brokers, and the research ratings appearing in those reports, were not affected by these errors.
After the verdict, U.S. District Judge Paul Gardephe ordered Amanat jailed until he’s sentenced, ruling he’s a risk to flee. Gardephe allowed Tuzman, who wept openly during part of the proceeding, to remain free on bond.
Secretary of State William F. Galvin, who oversees the securities division, said the disclosure made note of the company’s failure to pay monthly pension benefits to workers
As part of that settlement, Privest agreed to terms and conditions, including that it hire an independent monitor to help it beef up compliance
The New York Department of Financial Services (NYDFS), which regulates insurers and banks in the state, said on Monday that it is reviewing the matter.