Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

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Monday, 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.

http://lawprofessors.typepad.com/securities/2007/08/sec-brings-frau.html

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