A federal judge has dismissed all but one of the Securities and Exchange Commission's counts against the former CEO of failed IndyMac Bancorp.
September 13, 2012 at 12:00 AM
1 minute read
On the Securities and Exchange Commission’s Web page trumpeting enforcement actions related to the financial crisis, its fraud case against former IndyMac Bancorp CEO Michael Perry appears about halfway down the list.
Pretty soon the case may be off the list entirely, given how successfully Perry’s lawyers at Covington & Burling have been able to whittle down the agency’s claims.
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