December 2, 2008
Regulators May Sue FBR Figures
Securities regulators have told Emanuel J. Friedman and two other former executives of Friedman, Billings, Ramsey Group Inc. that the agencies are considering civil litigation against them for FBR's alleged improper trading in a client company's stock.
EASING OIL PRICES AND RENEWED INVESTOR interest are expected to perk up stock trading this week, although lower metal prices may dampen demand for mining issues, traders said.
Court rejects warrants for Lone Star executives
A South Korean district court turned down prosecutors’ request to detain Ellis Short, vice chairman of U.S. buyout fund Lone Star, for questioning over alleged stock trading violations, Lone Star said on Friday.
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