Violation Tracker Individual Record
Company:
Thomas Weisel Partners LLC
Current Parent Company:
Stifel Financial
Penalty:
$5,000,000
Year:
2005
Date:
May 24, 2005
Offense Group:
financial offenses
Primary Offense:
investor protection violation
Violation Description:
Thomas Weisel Partners agreed to pay $5 million to a group of states to settle allegations that its investment banking interests had undue influence on its securities research. This was part of a larger $12.5 million settlement involving the SEC; see the Violation Tracker entry at https://violationtracker.goodjobsfirst.org/violation-tracker/-thomas-wei...
Level of Government:
state
Action Type:
agency action
Agency:
Multistate Financial Regulators Case
Civil or Criminal Case:
civil
HQ Country of Parent:
USA
HQ State of Parent:
Missouri
Ownership Structure of Parent:
publicly traded
Major Industry of Parent:
financial services
Specific Industry of Parent:
financial services
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.
