Securities

A federal judge found a Fulton County, Pa., man liable for violating securities law in a case that alleges he bilked investors out of hundreds of thousands of dollars. District Court Judge William W. Caldwell issued a ruling saying Warfordsburg, Pa.,...

NEW YORK — The government on Friday sued 17 financial firms, including the largest U.S. banks, for selling Fannie Mae and Freddie Mac billions of dollars worth of mortgage-backed securities that turned toxic when the housing market collapsed. Among...

Since about 95% of home loans being written today are being placed into mortgage-backed securities that are sold in the market with guarantees by Fannie Mae, Freddie Mac or Ginnie Mae, what would happen with a government default?   These are federal...

COSTA MESA — There's nothing Helen Olson likes to see more than a roomful of women with hands raised and tough-to-ask investment questions on their minds. The annual Women Investing in Security and Education (WISE) Signature Financial Event,...

Maryland's attorney general alleged Wednesday that a Baltimore man had defrauded investors of nearly $500,000 and ordered him to stop selling securities and acting as an investment advisor, activities for which he was not registered. Attorney General...

TORONTO — Luminato, the festival of arts, culture and ideas that just concluded in Canada's largest city, has only been held for four years. But this citywide extravaganza already attracts a collective audience in excess of 1 million and spends...

Pump It Up of Hagerstown Pump It Up of Hagerstown recently was awarded two top honors by its franchise. During the Pump It Up National Convention in Scottsdale, Ariz., owner Kim Cunha was awarded Best Staff and Service and Best Overall Experience within...

If you had asked Carole J.A. Peck five years ago whether it made sense to retain your mortgage or pay it off early, her answer would have been a slam dunk. "I'd have said you don't need to pay off the mortgage," says Peck, financial advisor and owner of...

All Land Services Inc. CHAMBERSBURG, Pa. — All Land Services Inc. was selected for the 2011 Best of Chambersburg Award in the land surveyors category by the U.S. Commerce Association, or USCA. The USCA’s Best of Local Business Award Program...

RICHMOND, Va. (AP) - The Humane Society of the United States filed a complaint Nov. 2 against Smithfield Foods, claiming the world's largest pork producer is misleading consumers and shareholders with a video series suggesting it does not abuse pigs. In...

Even though Olympus Corp. admitted this week to cooking its books, the Japanese company with Lehigh Valley ties is unlikely to face the kind of legal consequences that are common in such cases on this side of the Pacific Ocean. Former Olympus officials...

I didn't see any Ruth Madoff masks on Halloween night, but it wouldn't have surprised me if I had. The wife of disgraced Wall Street Ponzi schemer Bernard Madoff is Pariah No. 1 this week, followed closely by her son, Andrew. The two, along with Andrew'...