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SEC Charges Former Wells CEO And Bank Head In Fraud Scandal

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Tolstedt, who did not reach a settlement, faces civil charges for allegedly misleading investors about an important performance metric tied to the scandal. Attorneys for the two former executives did not immediately reply to a request for comment. Stumpf agreed to settle the charges by paying a $2.5

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Former Heartland CEO Agrees To $250K SEC Fine

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With his agreement to the settlement, which was filed this week in Connecticut, Robert Carr didn’t admit or deny wrongdoing, Reuters reported. District Judge Stefan Underhill still needs to approve the settlement per the report. To settle charges of insider trading, the ex-chief executive of Heartland Payment Systems Inc.

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Federal Appeals Court Revives Class-Action Suit Against Capital One

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Capital One did not respond to a request for comment. But the three-judge appeals court found it “equally reasonable” to understand the term “overdraft” as referring to Capital One’s decision to make a payment at the time of authorization, or the payment itself at the time of settlement. As a result, it returned the case to U.S.

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Virus Infection Lawsuits Could Cripple US Employers

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Aurora did not respond to a Reuters request for comment. The company later appealed, and the two sides reached a private settlement before the case reached a judge. It alleges the company failed to warn employees or adopt prevention measures. Of the 200,000 U.S.