January 3, 2012

Edgen Group proposes public stock offering

Topix SEC News
Baton Rouge-based Edgen Group Inc., a global pipe and valve distributor, is proposing an initial public offering of its common stock.

Read full story

Filed under SEC News by

Spread the Word!

Permalink Print Comment

ADV crackdown on, as SEC says firm claimed $200M in AUM, had $3M

Topix SEC News
A Chicago investment adviser and its principal lured investors into two funds of hedge funds the firm managed by \”grossly exaggerating\” the firm\’s assets under management and making other false and misleading statements, the Securities and Exchange Commission charges.

Read full story

Filed under SEC News by

Spread the Word!

Permalink Print Comment

Constellation CEO Shattuck sells $2.3M worth of shares

Topix SEC News
Constellation Energy Group Inc. CEO Mayo A. Shattuck III sold nearly 60,000 shares of company stock worth $2.3 million Dec.

Read full story

Filed under SEC News by

Spread the Word!

Permalink Print Comment

Rock Band Dev Could Get $383 Million from Viacom - News

Topix SEC News
Rock Band developer, Harmonix, which was sold by Viacom last June for the princely sum of $50 may be owed a staggering $383,000,000 by that same company it emerged this week.

Read full story

Filed under SEC News by

Spread the Word!

Permalink Print Comment

Conflict minerals crackdown backfiring in Congo: U.N.

Topix SEC News
A U.S. crackdown on so-called \”conflict minerals\” in eastern Democratic Republic of Congo has backfired by pushing trade deeper into the hands of criminals, including at least one former rebel leader, a U.N. report said on Friday.

Read full story

Filed under SEC News by

Spread the Word!

Permalink Print Comment

Avenue Income Credit Strategies Fund Announces Filing for a Potential Rights Offering

Topix SEC News
The Board of Trustees of the Fund has not yet approved a rights offering. No rights offering will be made unless the Fund\’s Board approves such rights offering and the definitive terms of the offering, which may differ from those currently set forth in the preliminary registration statement.

Read full story

Filed under SEC News by

Spread the Word!

Permalink Print Comment

Titanic artifacts headed for auction

Topix SEC News
The owner of the largest trove of artifacts salvaged from the Titanic is putting the vast collection up for auction as a single lot in 2012, the 100th anniversary of the world\’s most famous shipwreck.

Read full story

Filed under SEC News by

Spread the Word!

Permalink Print Comment

Whistling past the mutual fund graveyard for 2011

Topix SEC News
Counting all share classes, the mutual fund industry killed off about 1,300 of its laggards, stragglers and strugglers in 2011, the 1owest total in years.

Read full story

Filed under SEC News by

Spread the Word!

Permalink Print Comment

Young: T&T companies must improve financial reporting

Topix SEC News
Richard Young, president, Bankers\’ Association of T&T , and Brenda Lee Tang, head, Association of Certified Chartered Accountants Caribbean.

Read full story

Filed under SEC News by

Spread the Word!

Permalink Print Comment

PERSPECTIVES: Judge\’s ruling may unsettle corporate policyholders

Topix SEC News
CONSENT DECREES HAVE LONG BEEN VIEWED as an efficient way for corporations to settle regulatory investigations by paying often substantial fines but not admitting any wrongdoing.

Read full story

Filed under SEC News by

Spread the Word!

Permalink Print Comment