Defendant Name:
Doral Financial Corporation
Defendant Type:
Public Company
Document Reference:
LR-21117_06-cv-07158
Document Details
Legal Case Name
SEC v. Doral Financial Corporation
Document Name
SEC Announces Distribution of $123 Million To Doral Financial Investors Harmed By Accounting Fraud
Document Date
06-Jul-2009
Document Format
Civil Proceeding
Case Number
06-cv-07158
Federal District Court
New York, Southern District of New York
AAER
3007
Allegation Type
Issuer Reporting and Disclosure
Document Summary
The Commission stated: "investors who were harmed by fraudulent accounting and disclosure practices at Doral Financial Corporation are receiving $123 million in cash to compensate them for their losses."
Disgorgement & Penalty Information
Resolutions
None Specified
Monetary Penalties:
"recovered by the SEC in an action brought against Doral Financial"
Individual:
$25,000,000.00
Shared:
