A U.S. appeals court vacated the conviction of former Jefferies Group LLC trader Jesse Litvak, the latest turn in a case that has spanned more than five years and helped usher in changes to sales tactics on Wall Street. Mr. Litvak had been convicted of securities fraud related to the sale of residential mortgage-backed bonds and has been serving a two-year prison sentence. But the U.S. Court of Appeals for the Second Circuit on Thursday said a district court “materially erred” in admitting evidence related to a trade cited... … [Read more...] about Former Jefferies Trader Litvak’s Conviction Is Tossed Out
NEW YORK (Reuters) - A federal appeals court on Thursday overturned former Jefferies Group mortgage bond trader Jesse Litvak’s second criminal conviction for defrauding a customer about bond prices, finding the jury in the case had wrongly been allowed to hear irrelevant evidence. The ruling from the 2nd U.S. Circuit Court of Appeals comes more than two years after the court threw out Litvak’s first conviction in the case. It sent the case back to the U.S. District Court in Connecticut, where prosecutors may choose to put Litvak on trial a third time. Thomas Carson, a spokesman for the Connecticut U.S. Attorney’s office, said it was reviewing the decision and declined to comment further. A lawyer for Litvak had no immediate comment. Prosecutors accused Litvak, 43, of lying to customers such as Invesco Ltd, AllianceBernstein and Soros Fund Management about bond prices from 2009 to 2011, generating $2.25 million of illegal profit for his employer and hoping to boost … [Read more...] about Ex-Jefferies trader gets second fraud conviction thrown out
Man Group PLC had 14 analyst reports since December 13, 2017 according to SRatingsIntel. The stock rating was maintained by Peel Hunt with "Buy" on Friday, November 3. Peel Hunt maintained the shares of MNZS in report on Friday, April 6 with "Buy" rating. On Tuesday, April 24 Berenberg maintained Ashmore Group PLC (LON:ASHM) with "Buy" rating. On Thursday, February 8 the rating was upgraded by Peel Hunt to "Add". The companyÂ's Construction segment designs, constructs, and maintains buildings and infrastructure. Peel Hunt maintained it with "Add" rating and GBX 1165 target in Tuesday, November 21 report. HSBC maintained the shares of SBRY in report on Monday, January 9 with "Reduce" rating. On Friday, December 22 the stock rating was maintained by Stifel Nicolaus with "Buy". On Wednesday, June 29 the stock rating was maintained by FinnCap with "Buy". The stock of John Menzies plc (LON:MNZS) has "Buy" rating given on Tuesday, March 13 by Numis Securities.Analysts expect Post … [Read more...] about How Many Man Group plc (LON:EMG)’s Analysts Are Bullish?
The Axa holds 160,611 shares with $14.70 million value, down from 167,696 last quarter.At traded at GBX 210 lastly.It's since April 28, 2017 and is 0.00% down. About 31,175 shares traded. Eurocell plc (LON:ECEL) has 0.00% since April 28, 2017 and is. RIV underperformed by 11.55% the S&P 500."Buy" rating has 3, "Sell" are 0, while 0 are "Hold". American Water Works had 34 analyst reports since October 15, 2015 according to SRatingsIntel. The company was maintained on Wednesday, March 28 by Morgan Stanley. The firm earned "Hold" rating on Wednesday, December 20 by Liberum Capital. The firm earned "Buy" rating on Monday, June 19 by Peel Hunt. The company rating was maintained by Canaccord Genuity on Monday, January 29. On Friday, September 9 the stock rating was maintained by N+1 Singer with "Buy". Shore Capital maintained Taylor Wimpey plc (LON:TW) on Wednesday, February 7 with "Hold" rating.The company also recently declared a dividend, which will be paid on Tuesday, May 1st. … [Read more...] about Can analysts adopt a bullish outlook for Man Group plc (LON:EMG)?
Share This Story! Let friends in your social network know what you are reading about Facebook Email Twitter Google+ LinkedIn Pinterest Activist conservative group sues Fort Collins over police chief process The complaint alleges the city withheld public records regarding its recruitment of a new police chief. Sent! A link has been sent to your friend's email address. Posted! A link has been posted to your Facebook feed. Subscribe Today Log In Subscribed, but don't have a login? Activate your digital access. Saja Hindi, [email protected] Published 2:55 p.m. MT April 26, 2018 CONNECT TWEET LINKEDIN EMAIL MORE A conservative group based in Washington, D.C., has filed a lawsuit against the city of Fort Collins and City Manager Darin Atteberry over the city withholding records about its police chief search. Judicial Watch touts itself as a "watchdog group," which "uses the open records or freedom of information laws and … [Read more...] about Activist conservative group sues Fort Collins over police chief process