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:
“Let the ruling classes tremble at a communist revolution. The proletarians have nothing to lose but their chains. They have a world to win. Workingmen of all countries, unite!”
—Karl Marx (18181883)
Related Phrases
Related Words