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Barbara Schneider | Obituary | News and Tribune

SEC penalizes Lone Star Global, Hudson Advisors for charging improper fees

The SEC charged Lone Star Global Acquisitions Ltd. and Hudson Advisors for fees charged to private equity funds that both firms managed.

SEC charges Texas school district and former CFO with fraud

The Securities and Exchange Commission has charged Texas' Crosby Independent School District and two individuals in connection with the school district’s 2017 fiscal year financial statements.

SEC Charges Texas School District And Its Former CFO With Fraud In $20 Million Bond Sale

<p><span>The Securities and Exchange Commission today charged Crosby Independent School District (Crosby ISD) and its former Chief Financial Officer, Carla Merka, with misleading investors in the sale of $20 million of municipal bonds in order to pay its outstanding construction liabilities and fund new capital projects. The SEC also charged Crosby&rsquo;s auditor, Shelby Lackey, with improper professional conduct in connection with the audit of the school district&rsquo;s 2017 fiscal year financial statements.</span></p>

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