Violation Tracker Individual Record
Company:Sandell Asset Management Corp.
Date:October 10, 2007
Offense Group:financial offenses
Primary Offense:investor protection violation
Secondary Offense:securities issuance or trading violation
Sandell Asset Management Corp. agreed to pay more than $8 million to settle allegations that it engaged in improper short sales in connection with trading in the securities of Hibernia Corporation in the immediate aftermath of Hurricane Katrina.
Level of Government:federal
Action Type:agency action
Agency:Securities and Exchange Commission
Civil or Criminal Case:civil
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