Topic: Municipalities

SEC Fraud Charges Against Harrisburg, Pa, Send Warning to All Municipalities

“What we’ve got here is failure to communicate” (The Captain, Cool Hand Luke) Earlier this month, the Securities and Exchange Commission charged Harrisburg, Pennsylvania, with securities fraud for public statements made by municipal officials. Attorneys Robert Feyer and Todd Scott of Orrick explain: “… the SEC found that the City had violated the securities laws… Read more »