The Top SEC Settlements of 2011

By Joel Stonington - 2012-01-03T23:18:44Z

Photograph by Matt Staver/Bloomberg

Company Symbol % Change
19 of 22

No. 3: Morgan Asset Management and Morgan Keegan & Co.

<p><strong>Total Settlement:</strong> $100 million<br /><strong>Disgorgement:</strong> $25 million<br /><strong>Penalty:</strong> $75 million

Employees at Morgan Keegan falsified the value of subprime mortgage-backed securities, <a href="http://sec.gov/news/press/2011/2011-132.htm">according to the SEC</a>. Morgan Keegan agreed to pay an additional $100 million to <a href="http://www.finra.org/Newsroom/NewsReleases/2011/P123798">settle with the Financial Industry Regulatory Authority</a>.

Advertisement