(Crain’s) — Morningstar Inc. has agreed to buy credit research company Realpoint LLC for $52 million, including $42 million in cash and $10 million in restricted stock.Morningstar plans to complete the buy in the next few months, the Chicago-based investment research company said in a news release.Realpoint, based in Horsham, Pa., provides structured finance ratings, research and data to about 225 institutional investors, including money managers who invest in commercial mortgage-backed securities.
Posts Tagged ‘10 Million’
Morningstar buys research firm Realpoint for $52 million
March 19th, 2010 
Before You Invest 
Posted in Finance Fraud 
Tags: 10 Million, Ceo Robert, Commercial Mortgage Backed Securities, Finance Research, Horsham Pa, Institutional Investors, Investment Company, Investment Research, Joe Mansueto, Llc, Money Managers, Morningstar Ceo, Mortgage Backed Securities, News Release, Realpoint, Restricted Stock, Structured Finance 
Comments OffJPMorgan Chase chief gets $10m in shares
February 6th, 2010 Before You Invest Jamie Dimon, JPMorgan Chase’s chief executive officer, has taken $10 million in shares after exercising stock options that have accrued over the course of ten years.He has taken on an additional 250,000 shares – a go he had to make before the stock expired in March.The windfall comes on top of his 2009 pay packet, which is set to be revealed in the next few days and is estimated to stand between $15 and $20 million, reports the Financial Times.JPMorgan Chase shares have increased in value by around 60 per cent over the course of the past 12 months but company insiders indicated that Mr Dimon has no immediate intention of selling his stock. It is believed that he is also likely to forgo a cash bonus for the second year in a row to help fend off potential criticism of JPMorgan Chase’s pay practices.Last month, industry analysts predicted to the Telegraph that the firm’s bonus pot will stand at around $29 billion.
Posted in Finance Fraud Tags: 10 Million, 12 Months, Cash Bonus, Chief Executive Officer, Company Insiders, Few Days, Financial Times, Industry Analysts, Intention, Jamie Dimon, Jpmorgan Chase, Pay Packet, Pot, Shares, Stock Options, Telegraph, Windfall Comments OffFINRA Arbitrations Filed Seeking Damages of More Than $10 Million — Medical Capital
December 10th, 2009 Before You Invest Aidikoff, Uhl & Bakhtiari (www.securitiesarbitration.com) announces the filing of additional FINRA arbitration claims against brokerage firms that sold Medical Capital and other securities to investors. To date the firm has filed claims on behalf of more than 25 families seeking more than $10 million in hurts against several brokerage firms.
Posted in Finance Fraud Tags: 10 Million, 15 Months, Arbitration Claims, Bakhtiari, Brokerage Firms, Class Actions, Class Case, Depositions, Finra, Hurdles, Important Facts, Individual Investors, Investor Claims, Medical Capital Corporation, Medical Provider, Motion Practice, Pennies On The Dollar, Pitfalls, Special Purpose Entity, Uhl No Comments »Guardian jobs site hacked, 500,000 records stolen – information-age.com – 26 Oct 09
October 28th, 2009 Before You Invest The details of over half a million jobseekers were stolen by hackers who are believed to have compromised the Guardian’s job listing website The Guardian’s job website has told nearly half a million of its users that their personal details are at risk following a “deliberate and sophisticated” criminal data breach, “of which the Guardian is a victim in addition to some of our users.”The incident is currently being investigated by the Police Central e-crime unit and details are scarce.
Posted in Finance Fraud Tags: 10 Million, Board Software, Crime Unit, Cvs, Dates Of Birth, Education History, Fraudster, Goldmine, Guardian Jobs, Half A Million, Hijacking, Information Age, Jj, Job Listing, Jobseekers, Media Group, Monster Co Uk, Police Central, Usernames Passwords, Utmost Seriousness No Comments »SEC and Stanford Victims Oppose Standford Request For Money
May 5th, 2009 Before You Invest Stanford Group Co. investors and U.S. regulators are opposing Texas billionaire R. Allen Stanford’s request to unlock $10 million in frozen assets to defend against allegations he ran an $8 billion Ponzi scheme.The U.S. Securities and Exchange Commission sued Stanford, two associates and three of his companies on Feb.
Posted in Finance Fraud Tags: 10 Million, Allegations, Certificates Of Deposit, Companies In Receivership, Corporate Assets, Financial Group, Frozen Assets, High Yield Certificates Of Deposit, Investors, Money, Personal, Preliminary Injunction, R Allen, Regulators, Sec, Securities And Exchange, Securities And Exchange Commission, Stanford Group, Texas Billionaire, Wrongdoing No Comments »Marc Dreier placed under house arrest
February 18th, 2009 Before You Invest A New York lawyer charged with running an elaborate $400 million investment fraud has been bailed and placed under house arrest at his Manhattan apartment, according to reports. Marc Dreier is charged with making bogus auditing statements and using a cast of associates impersonating legitimate advisers in order to sell fake promissory notes to hedge funds in the United States and Canada. He had been awaiting trial in jail after a judge said he had engaged in “reckless, clever and improvising” behavior prior to his arrest that suggested he posed a flight risk. Mr Dreier had also been unable to find four people willing to guarantee his $10 million bail. Under the new arrangement, Reuters reports, Mr Dreier has signed a $10 million personal recognizance bond, co-signed by his mother and son. He will wear an electronic tag and must also pay for private armed guards and an alarm to be installed at his apartment. The former lawyer has pleaded not guilty to the civil and criminal charges against him. In December, the Securities and Exchange Commission’s complaint against Mr Dreier accused him of a “stunning, brazen fraud”.
Posted in Finance Fraud Tags: 10 Million, Armed Guards, Auditing, Bond Co, Canada, Criminal Charges, Electronic Tag, Flight Risk, House Arrest, Investment Fraud, Manhattan Apartment, Mother And Son, New York Lawyer, Personal Recognizance Bond, Promissory Notes, Reuters Reports, Securities And Exchange, Securities And Exchange Commission Comments OffBernard Madoff’s wife withdrew some $15.5 million in the weeks before his arrest
February 12th, 2009 Before You Invest Bernard Madoff’s wife withdrew some $15.5 million in the weeks before his arrest, Massachusetts regulators said yesterday. Massachusetts Secretary of the Commonwealth William Galvin is seeking to yank Cohmad Securities Corp.’s securities registration in the Bay State, accusing it of stonewalling his investigation of Madoff.
Posted in Finance Fraud Tags: 10 Million, 5 Million, Bernard Madoff, Brokerage Account, Feeder, Fraud, Investment Securities, Licensed Securities, Massachusetts Secretary Of The Commonwealth, Money Exchange, Prosecution, Prosecutors, Regulators, Secretary Of The Commonwealth, Securities And Exchange, Securities And Exchange Commission, Securities Dealers, Seizure, William Galvin, Withdrawals No Comments »Marc Drier Likely To Remain In Jail
January 24th, 2009 Before You Invest Marc Dreier, the New York lawyer jailed since his arrest for allegedly cheating hedge funds, won’t be able to post the $20 million bond that would free him, his lawyer told a federal judge.U.S. Magistrate Judge Douglas Eaton in New York yesterday modified an earlier ruling that ordered Dreier held without bail until trial.
