SEC Bars Kentucky Advisor Serving Jail Sentence for Fraud The settlement between the SEC and Chistoper Hibbard comes several months after he was sentenced to more than eight years in jail for defrauding numerous clients.
The Securities and Exchange Commission has barred a Louisville, Ky.-based investment advisor from the securities industry after he was sentenced to more than eight years in prison for fleecing multiple investors out of over $4 million.
According to the commission’s settlement offer from April 16, Christopher Lee Hibbard would be barred “from association” with any broker, dealer, investment advisor, and would also be disallowed by acting as a promoter, finder, consultant or anyone who works with brokers for the purposes of issuing or trading any penny stock.
In
Gloria Baker, et al. v. Raymond James & Associates Inc., et al., the Mississippi Supreme Court on March 4 reinstated a trial court ruling that Mississippi’s latent-injury discovery-rule exception to the catch-all, three-year limitations period did not apply where the lay plaintiffs, though inexperienced and unsophisticated investors, received monthly account statements showing “substantial losses” on their managed retirement investments. Bradley was part of the team that assisted Raymond James in this signal victory.
The plaintiffs filed suit in 2017, alleging, among other things, a negligence claim against their financial advisor and the advisor’s then-employer Morgan Keegan (now Raymond James). The advisor invested the plaintiffs’ retirement assets from 2002 to 2013. During those years, the plaintiffs received monthly account statements showing substantial losses. The defendants moved for summary judgment based on the three-year statute of limitations, arguing the c
According to Morgan Keegan, the outlook for the defense industry is robust. However, the current valuation of the sector reflects an extremely pessimistic view of market prospects going forward. The analysts believe that investors will receive the best returns by investing in companies that have a. Read More. Don t Miss Any Updates! News Directly in Your Inbox Subscribe to:
Imperial Capital Expands its Security & Defense Practice; Brian Ruttenbur joins Imperial Capital, LLC as Managing Director in Investment Banking
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( Imperial ) is pleased to announce that Brian Ruttenbur has joined the firm as a Managing Director focused on transactions in Defense, Government Services and Cyber Security.in the Investment Banking Group.
(PRNewsfoto/Imperial Capital, LLC)
Mr. Ruttenbur, a highly regarded thought leader in the Defense and Security verticals comes with over 25 years of industry experience in investment banking and equity research. He was most recently a Director, Investment Banking at Drexel Hamilton where he successfully executed numerous transactions in both Defense and Cybersecurity. His experience at Drexel Hamilton included Director of Equity Research, where he provided and published analysis on public companies in the Defense and Security space, as well as oversaw the Equity Research operations pr
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The University of Arkansas at Little Rock has announced four new members who will serve three-year terms on the UA Little Rock Foundation Fund Board of Directors.
The new board members include Ben Bailey, a partner at TMB Capital Partners, Alec Gaines, a partner at Steel, Wright, Gray PLLC, LaShannon Spencer, CEO of Community Health Centers of Arkansas, and Erin Wood, owner and director of Et Alia Press.
The board meets four times a year to oversee the activities of the UA Little Rock Foundation Fund. Members communicate the foundation’s mission and serve as ambassadors of goodwill for UA Little Rock in the community, state, and region, as well as support the mission and goals of the university as it relates to public higher education and UA Little Rock’s need for private and public support.