SEC Charges City of Miami and Its Former Budget Director with Securities Fraud

July 22, 2013
Client Alert

On July 19, 2013, the Securities and Exchange Commission filed a Complaint in the U.S. District Court for the Southern District of Florida, charging the City of Miami and the its former Budget Director with violations of the anti-fraud provisions of the federal securities laws. The SEC also charged the Budget Director with aiding and abetting violations.

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