Issuer and Issuer’s Employee Found Guilty of Securities Fraud Violations

On September 14, 2016, the City of Miami, Florida and its former budget director were found guilty of securities fraud in connection with three municipal bond offerings in 2009 and other disclosures made to investors. This case is the first federal jury trial by the Securities and Exchange Commission (the “SEC”) against a municipality or [...]

Issuer and Issuer’s Employee Found Guilty of Securities Fraud Violations 2016-11-22T20:13:29+00:00