u s securities and exchange commission
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Jay Ledford admitted to doctoring bank statements to help his partner in Baltimore County dupe investors around the world.
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Towson businessman and alleged fraudster Kevin B. Merrill has pleaded guilty to wire fraud and conspiracy to commit wire fraud.
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The Baltimore-based money management saw a "strong recovery," according to William J. Stromberg, T. Rowe’s president and CEO.
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Sale of one of Maryland’s most promising biotechnology companies, Osiris Therapeutics Inc., to a British medical equipment maker is complete, according to the Columbia-based company.
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Under Armour CEO and chairman Kevin Plank earned $6.6 million last year, with the value of that compensation totaling about half that amount, Under Armour reported.
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Ronald and Diane Morley, of Westminster were fined almost $4 million by the Maryland Office of the Attorney General for operating a $33 million Ponzi scheme.
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A team of attorneys and investigators has billed $500,000 for 44 days of work to begin to sell of the valuables of Kevin Merrill, a Towson man who prosecutors say funded a lavish lifestyle through a Ponzi scheme.
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Baltimore-area businesses weathered failed deals, layoffs, closings and restructuring in 2018. But some started new chapters by expanding or merging, and new development sprouted all over and one new industry spread like a weed.
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H. Lawrence “Larry” Culp Jr. resigned from T. Rowe Price Group’s board of directors, less than a week after he was named chairman and CEO of General Electric Co.
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Tronc has shed its much-derided corporate moniker and reverted to its legacy name, Tribune Publishing. The name change will take effect after the market closes Tuesday.
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Kevin Merrill was arrested Tuesday at his $1.06 million home in Towson. He and his business partner, Jay Ledford, 54, of Texas and Nevada, have been indicted on federal charges of wire fraud, identity theft and money laundering. Both men face more than 200 years in federal prison.
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Robert Reich outlines three big lessons Americans should have learned from the Great Recession.
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Sinclair Broadcast Group continues to work with Tribune Media Co. to win approval of their controversial proposed $3.9 billion merger despite hitting a potentially deal-ending roadblock with federal regulators last month.
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Maryland's U.S. senators Ben Cardin and Chris Van Hollen on Tuesday asked Treasury Secretary Steven T. Mnuchin to investigate a Russian investor's ties to a company that manages the state's election technology.
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There’s only one way for Maryland officials to do right by voters now: Tear up the state’s agreement with its elections contractor and remove their data from the vendor, ByteGrid, which has Russian investors, including an oligarch connected to Vladimir Putin. Cut it off — immediately.
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Legg Mason expects to pay $67 million to settle a U.S. probe of one of its affilaties that managed investments for the Libyan government during the rule of Muammar el-Qaddafi.
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David D. Smith, executive chairman of Sinclair Broadcast Group, earned $6.64 million last year, an increase of nearly 28 percent over his 2016 compensation.
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The U.S. Securities and Exchange Commission plans to begin running public service announcements around the country — and in Baltimore — to remind viewers of this investment adage and refer them to its information website for investors: Investor.gov.
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Kevin Plank earned $2.2 million as Under Armour CEO in 2017, adjusted for the loss of $2 million in performance-based stock options.
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Margaret A. Reigle, founder and chairwoman of the Fairness to Land Owners Committee, the largest and most influential national grassroots private property rights organization, died March 2 from dementia at Symphony Manor, a Roland Park assisted-living facility. She was 73.
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It appears Jared Kushner is using his White House perch to make money for himself, just as his father-in-law is, says Robert Reich.
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Lawrence E. Kurzius, CEO of Hunt Valley-based McCormick & Co. Inc, earned more than $9 million in compensation last year, a nearly 39 percent increase.
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The president's tax cut is fueling corporate stock buybacks, not wage increases, says Robert Reich.
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Osiris Therapeutics announced that Linda Palczuk, its fifth CEO since 22016, has resigned effective Friday.
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Maryland's Attorney General has ordered Towson investment advisory High Point Wealth Management to halt the business it operates in the former offices of Everest Wealth management, which had its registration revoked last year.
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T. Rowe Price Group said it must take a $71 million charge against its 2017 earnings as a result of the federal tax reform enacted in December by Congress.
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Opponents of Sinclair Broadcast Group's proposed acquisition of Tribune Media are reacting to reports that the Federal Communications Commission plans to fine Sinclair $13.3 million over undisclosed advertisements.
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Deerfield Management will provide $65 million in funding to help Johns Hopkins scientists develop early stage therapeutic research.
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For more than 30 years, giving your money to Bill Miller at Legg Mason was one of the most reliable ways to turn a profit. He beat the returns on the benchmark
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Personal Genome Diagnostics, a Baltimore-based cancer diagnostics company, has raised $65 million in an ongoing equity financing round.
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The U.S. Securities and Exchange Commission charged the Columbia biotechnology company Osiris Therapeutics and four of its former executives with accounting fraud, the federal agency announced late Thursday.
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Under Armour founder and CEO Kevin Plank will step back from his role of president in a management shakeup announced Tuesday.
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When President Donald J. Trump put his name to the first bill to repeal an Obama-era federal regulation four months ago, he framed the "big signing" as part of
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Sears will shutter two Maryland stores in its latest round of closings, including at Hunt Valley Towne Centre in Baltimore County and in Hagerstown.
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In its latest wave of cuts, Sears Holdings Corp. will close 66 Sears and Kmart stores across the country, according to a person with knowledge of the situation.
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Former Angels third baseman Doug DeCinces was convicted Friday of insider trading stemming from allegations that he received stock tips from a neighbor
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A television series where you don't want to be eligible for an interview is "American Greed," a CNBC program that depicts frauds where people lose thousands of
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Kip Fulks, who co-founded Under Armour with CEO and Chairman Kevin Plank, is taking on the role of strategic advisor to the Baltimore-based company.
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Laureate Education Inc., the Baltimore-based company that owns and operates universities around the world, is planning to sell up to $800 million in senior notes to repay debt.
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Laureate Education, a Baltimore-based company that owns and operates universities around the world, reported a fourth quarter profit after posting a loss in the first quarter of last year
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Osiris Therapeutics Inc., a Columbia-based biotechnology firm that had its stock delisted from the NASDAQ earlier this month, said Monday it completed a previously announced restatement of 2014 financial statements to show a bigger loss than initially reported
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Cerecor, a Baltimore pharmaceutical development firm that went public in October 2015, has been notified that its stock no longer qualifies for listing on the Nasdaq market because it's been trading under $1 a share for 30 days.
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The Hogan administration is asking the General Assembly for more power to attract companies to Maryland — and to keep those that are here from leaving.
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Congress is poised to roll back a measure on Friday long championed by Maryland Sen. Ben Cardin that requires oil and gas companies to disclose how much they
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Laureate Education, a Baltimore-based company that owns and operates universities around the world, became a public company again on Wednesday, raising about $490 million in its initial public offering.
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Laureate Education, a Baltimore-based company that operates universities around the world, said Wednesday it hopes to raise almost $500 million in its previously announced public offering of its stock.
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Baltimore-based Laureate Education, which operates universities around the world, is dusting off plans to go public again, despite an array of challenges, including shifting regulatory regimes in key foreign markets, student lawsuits, a corruption investigation tied to a Turkish university and a whistleblower complaint about its accounting practices.
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Laureate Education, a Baltimore-based firm that operates universities around the world, is planning to raise $383 million by selling stock privately to a group of six investors that include Apollo Global Management and The Abraaj Group.
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Nearly 40 years ago, Sissela Bok, wife of former Harvard University president, Derek Bok, wrote "Lying: Moral Choice in Private and Public Life." The book, with its detailed analyses of causes and consequences, was much acclaimed when it first appeared in 1978 and is still widely used in classrooms today. Unfortunately, perhaps in many of these same classrooms, cheating among students is rampant.
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FirstRex helps homebuyers by matching down payments in exchange for a stake in the property. With families facing rising home prices, sluggish wage growth and tighter credit requirements, FirstRex executives say their program offers a way to bridge the gap.
