Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Reserve Asks for a Jury Trial Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, March 12, 2010

Reserve Asks for a Jury Trial

Reported by InvestmentWires Staff, 

Reserve Management is seeking a jury trial in the fraud case that the SEC has filed against it. Dow Jones' Daisy Maxey picked up on the Reserve's Thursday court filing.

For the full story on the the death of the Reserve and its Primary Fund, see MFWire's timeline.

The defendants in the case -- Reserve, founder Bruce Bent and his son Bruce Bent II, denied that SEC's allegations in a court document filed Thursday.

In its complaint filed last May, the SEC accused the defendants of fraud, saying they failed to provide key material facts to investors about the Primary Fund's vulnerability.

That fund broke the buck on September 15, 2008.

Three weeks ago, U.S. District Judge Paul Gardephe refused to dismissed the SEC's lawsuit. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q4Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use