- Mississippi Power: SEC investigating Kemper project Updated: May-05-16 9:21 pm
GULFPORT, Mississippi - The federal agency tasked with protecting investors has opened an investigation into the estimated costs and schedule of Mississippi Power Co.'s overrun-plagued $6.7 billion Kemper County power plant being built in Mississippi.
- Enbridge predicts $62M in fines, penalties tied to oil spill Updated: May-02-16 5:52 pm
MARSHALL, Michigan - A pipeline company says it expects $62 million in fines and penalties related to a 2010 Michigan oil spill.
- Valeant files overdue financial report, ending debt default Updated: Apr-29-16 4:36 pm
Valeant Pharmaceuticals resolved its default on some of its $30 billion in debt by finally filing its long-overdue U.S. financial report for 2015 on Friday. The badly tarnished Canadian drugmaker also announced a slate of mostly new nominees for elections to its board in June.
- Feds, NYC-area Port Authority talking potential resolution Updated: Apr-28-16 5:28 pm
- Judge unfreezes some assets of businessman accused of fraud Updated: Apr-28-16 4:56 pm
MONTPELIER, Vermont - A judge in Miami has unfrozen some of the assets of a businessman accused in a massive fraud scheme involving developments in Vermont.
- Cabela's to pay $1M to settle SEC complaint Updated: Apr-28-16 11:48 am
SIDNEY, Nebraska - Outdoor outfitter Cabela's has agreed to pay $1 million to settle a complaint from federal regulators that investors were misled about the Sydney-based company's 2012 profitability ratios.
- Vermont ski resort to stay open amid federal fraud probe Updated: Apr-27-16 5:40 pm
JAY, Vermont - The federal receiver appointed to oversee two Vermont ski resorts amid fraud allegations said Wednesday he's secured enough money to keep Jay Peak Resort open.
- Enough with the earnings: SEC may reduce company reports Updated: Apr-22-16 3:31 pm
NEW YORK - Four times a year there's a kind of parade on Wall Street: companies announce their quarterly earnings, all in a row, with the banks first, then the tech companies, and the retailers bringing up the rear. Stocks can rise or plunge based on the results. And three months later it all happens again.
- The Latest: Man accused in $200M fraud wants assets unfrozen Updated: Apr-20-16 12:04 pm
NEWPORT, Vermont - The Latest in the fraud claims against two developers in Vermont (all times local):
- SandRidge Energy says antitrust investigation dropped Updated: Apr-15-16 4:07 pm
OKLAHOMA CITY - Oklahoma City-based SandRidge Energy Inc. says the U.S. Department of Justice has dropped an antitrust investigation into the company.
- SEC and Vermont: Ski resort owners mishandled $200 million Updated: Apr-14-16 9:36 pm
MONTPELIER, Vermont - The Securities and Exchange Commission and Vermont on Thursday filed civil fraud charges against owners of two northern Vermont ski resorts, accusing them of misusing more than $200 million from foreign investors intended for development projects in the economically depressed area.
- The Latest: Allegations resort partners mishandled millions Updated: Apr-14-16 2:23 pm
MONTPELIER, Vermont - The Latest on charges by the SEC and Vermont that ski resort partners mishandled millions (all times local):
- Former top Las Vegas Sands executive calls it time to retire Updated: Apr-13-16 2:51 pm
LAS VEGAS - Former Las Vegas Sands Corp. executive Michael Leven says there's no mystery about his retirement from the company board after 16 years.
- Texas attorney general charged with federal securities fraud Updated: Apr-11-16 5:32 pm
AUSTIN, Texas - Federal securities regulators charged Texas Attorney General Ken Paxton Monday with four counts of civil fraud, piling on more legal troubles for the Republican already under criminal indictment for allegations that he deceived friends and wealthy investors - at least once with high-pressure tactics.
- Democrats block SEC nominees over political money fight Updated: Apr-07-16 7:12 pm
WASHINGTON - Opposition from top Senate Democrats on Thursday stalled two of President Barack Obama's picks for the Securities and Exchange Commission over whether the nominees support requiring publicly traded corporations to disclose political spending.
- Las Vegas Sands antes $9M to settle corruption case with SEC Updated: Apr-07-16 6:05 pm
Las Vegas Sands is paying a $9 million fine to settle a regulatory investigation that painted an unflattering picture of the casino owner's expansion into a gambling mecca in China.
- Troubled Spanish green energy firm seeks NY share delisting Updated: Apr-06-16 9:53 am
MADRID - Spanish renewable energy and engineering giant Abengoa says it is asking to be delisted from the Nasdaq stock exchange as part of its debt-restructuring plan.
- Hancock Fabrics stores to close by July 31 Updated: Apr-05-16 9:09 am
TUPELO, Mississippi - The liquidation of Hancock Fabrics is expected to be completed by July 31. That's according to a filing with the Securities and Exchange Commission on Monday.