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FRIDAY, NOVEMBER 27, 2009
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NEWS ABOUT: Fidelity

Fidelity stories: 2 news summaries

Fidelity Pays $8M in SEC Gift Scandal

Investor giant Peter Lynch fined $20K
for procuring tickets to concerts, games

Mar 5, 08 10:20 PM CST
(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... More »

MORE ABOUT:
ethics • Wall Street • SEC • Fidelity • investment bankers • probe • gift • Peter Lynch

Exit Scrambles Fidelity Succession Picture

Mutual-fund giant loses possible heir apparent

Aug 8, 07 10:33 AM CDT
(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... More »

MORE ABOUT:
stock market • business • investments • Fidelity • mutual funds • Ned Johnson III • Rodger Lawson • Ellyn McColgan

2 Stories


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