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August 20, 2007

SEC Brings Fraud Charges Against Sentinel

The SEC brought fraud charges against Sentinel Management Group, a money manager, and sought to prevent distribution of the proceeds of investment assets sold to Citadel Investment Group for $312 million.  Last Friday Sentinel filed for bankruptcy protection, after clients sued Sentinel for selling the assets too cheaply.  WSJ, Sentinel Faces SEC Fraud Charges.

August 20, 2007 in News Stories | Permalink

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