Monday, August 28, 2006

 

Prudential Agrees to Market-Timing Settlement

A long-running probe into alleged market timing at Prudential Financial is expected to come to a close Monday, according to a weekend media report.

Federal and state regulators are expected to announce a civil settlement Monday with the company's securities unit, according to a report in The Wall Street Journal late Friday that cited two people familiar with the situation.

Prudential Agrees to Market-Timing Settlement
Source: TheStreet.com

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