Time to Pony Up

New York-based investments adviser DeVere USA will pay<strong> <a href="http://www.courthousenews.com/wp-content/uploads/2018/06/SECvDeVere.pdf">$8 million</a></strong> to settle SEC charges of failing to disclose conflicts of interest to its clients, the SEC said Monday. The SEC filed separate <strong><a href="http://www.courthousenews.com/wp-content/uploads/2018/06/SECvAlderson.pdf">charges</a></strong> in New York against CEO Benjamin Alderson and a manager.

WASHINGTON — New York-based investments adviser DeVere USA will pay $8 million to settle SEC charges of failing to disclose conflicts of interest to its clients, the SEC said Monday. The SEC filed separate charges in New York against CEO Benjamin Alderson and a manager.

Categories / Securities

Subscribe to our free newsletters

Our weekly newsletter Closing Arguments offers the latest about ongoing trials, major litigation and rulings in courthouses around the U.S. and the world, while the monthly Under the Lights dishes the legal dirt from Hollywood, sports, Big Tech and the arts.