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August 21, 2008 10:21:57 PM CDT


Stories related to: Fidelity

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2 Stories

  • March 2008
    • Fidelity Pays $8M in SEC Gift Scandal

      Fidelity Pays $8M in SEC Gift Scandal

      (Newser) - Investment guru Peter Lynch and Fidelity Investment settled SEC charges brought against them alleging that Lynch used Fidelity traders to procure tickets to high-profile concerts and sporting events. Lynch, vice chairman of Fidelity's parent company, agreed to pay $15,948 for the tickets, plus $4,183 in interest. Fidelity will pay $8 million for nine other charges, reports the Wall Street Journal . More »

      Tags

      Wall Street   SEC   ethics   investment bankers   probe   gifts   Fidelity

  • August 2007
    • Exit Scrambles Fidelity Succession Picture

      Exit Scrambles Fidelity Succession Picture

      (Newser) - A top Fidelity Investments exec has resigned her post, reigniting speculation about the closely held firm's line of succession, reports the Wall Street Journal . Ellyn McColgan, 53, who was president of a division of the largest American mutual-fund company, was seen as a front-runner in the race to succeed 77-year-old Ned Johnson. More »

      Tags

      stock market   business   investments   mutual funds   Fidelity

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