Violation Tracker Individual Record

Company: 
Quadrangle Group LLC
Penalty: 
$5,000,000
Year: 
2010
Date: 
April 15, 2010
Offense Group: 
competition-related offenses
Primary Offense: 
kickbacks and bribery
Violation Description: 

A private investment firm and one of its affiliated entities agreed to pay $5 million to settle allegations of participating in a widespread kickback scheme to obtain investments from New York's largest pension fund.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Securities and Exchange Commission
Civil or Criminal Case: 
civil
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.