Conrad Black - SEC Ruling

SEC Ruling

In October 2012, a US federal judge fined Black $6.1 million in penalties in connection for securities law violations during his chairmanship of Hollinger International. The fine is related to a 2008 judgement won against Black by the Securities Exchange Commission which also banned Black from being a director of a publicly traded US company. The penalty ruling was delayed until appeals in Black's criminal case had been completed.

Read more about this topic:  Conrad Black

Famous quotes containing the word ruling:

    Still doth the soul, from its lone fastness high,
    Upon our life a ruling effluence send.
    And when it fails, fight as we will, we die;
    And while it lasts, we cannot wholly end.
    Matthew Arnold (1822–1888)