YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Citigroup Inc. will pay $11.5 million to settle Financial Industry Regulatory Authority claims.
The company was accused of harming retail customers by showing inaccurate research ratings for hundreds of securities over a five-year period.
From February 2011 to December 2015, Citigroup showed incorrect ratings, including “buy” instead of “sell,” to brokers, customers and supervisors on 38 percent of the equities covered by its research department, FINRA officials say.
Read more from Bloomberg.
This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.
Banker pleads guilty to fraud scheme
Longtime employee sues Ozarks Tech, alleges retaliation
Cavender’s opens hat shop in southeast Springfield
Caterpillar to acquire John Fabick Tractor Co.
Eric Schmitt introduces Modern Skies Act
Springfield airport to cut the ribbon on $35M in construction projects