Events

Ex-Wilmington Trust president reaches settlement with SEC

today11/02/2022 19

Background
share close

DOVER, Del. (AP) — The former president of the only financial institution to be criminally charged in connection with the federal bank bailout program in the wake of the 2008 financial crisis has reached a settlement with federal securities regulators in a related civil action.

The Securities and Exchange Commission asked a federal judge in a court filing Tuesday to approve a consent judgment against former Wilmington Trust President Robert Harra Jr. Harra would pay a civil penalty of $100,000 and be prohibited from acting as an officer or director of a public company.

 

Source: AP – All contents copyright 2022 Associated Press.  All rights reserved.

 

Written by: Editor

Rate it

Previous post

Events

DSP Arrest MD Man Who Fired Shots during Barricade

Delmar, DE– The Delaware State Police have arrested 27-year-old William Tulowitzky of Maryland in connection with a domestic incident, which led to him barricading himself at his residence on the morning of Monday, October 31st. On October 31, 2022, at approximately 9:15 am, Delmar Police Department responded to the 600 block of East Grove Street in reference to a physical domestic-related incident that occurred outside of a residence. The female […]

today11/02/2022 17


0%