Ralph Cioffi and Matthew Tannin have settled their civil suit with the SEC today, according to Reuters. The price tag? A cool $1 mil. Both Cioffi and Tannin made news for being the first major execs to do a “perp walk” on behalf their hedge funds, which made bets involving subprime mortgages. Both men were acquitted of criminal charges by a jury in 2009.
Cioffi and Tannin settle
Most Popular Articles
Latest Articles
11 real estate events & conferences to help you thrive in 2024
Forge new connections at these in-person events and conferences that can help take your career to the next level.
-
In quest to grow reverse business, US Mortgage Corporation hires Krajewski
-
NAR wants VA to change rules that prohibit veteran buyers from paying broker commissions
-
Renters gain financial edge over homebuyers in key U.S. markets: Realtor.com
-
Reverse-centric Ibis Software appoints Sivori to board of directors
-
Clear Capital extends its partnership with Cherre