Defendant Name: Thomas Weisel Partners LLC

Defendant Type: Other

Document Reference: LR-26434_04-cv-06910

Document Details

Legal Case Name SEC v. Thomas Weisel Partners LLC
Document Name Global Research Analyst Settlement; SEC Consents to Termination of Undertakings in Global Research Analyst Settlement
Document Date 05-Dec-2025
Document Format Civil Proceeding
Case Number 04-cv-06910
Federal District Court New York, Southern District of New York
Allegation Type Investment Advisers/Investment Companies
Document Summary On December 5, 2025, the SEC stated that: "[It] consented to modifications to the October 2003 . . . and September 2004 . . . final judgments against settling firms still covered by the Global Research Analyst Settlement, a global settlement of SEC and other enforcement actions against twelve investment banks and two individuals. The modifications are subject to court approval."

Disgorgement & Penalty Information

Resolutions
Modification to final judgment

Related Documents:

LR-18855 26-Aug-2004 Litigation Release
SEC Sues Thomas Weisel Partners LLC For Research Analyst Conflicts Of Interest Firm To Pay $12.5 Million to Settle With SEC, NASD, NYSE, and State Regulators
According to the SEC: "The Securities and Exchange Commission announced today that it has settled charges against Thomas Weisel Partners LLC, a San Francisco, California-based brokerage firm and investment bank, arising from an investigation of research analyst conflicts of interest. This settlement is related to the global settlement that ten other firms reached with the Commission, NASD, Inc., the New York Stock Exchange, Inc. ("NYSE"), and state regulators in April 2003. "
comp18855 26-Aug-2004 Complaint
Complaint
According to the SEC: "TWP engaged in acts and practices that created and/or maintained inappropriate influence by investment banking over research analysts, thereby creating conflicts of interest for its research analysts. "
LR-21457 19-Mar-2010 Litigation Release
Court Approves Modifications to Global Research Analyst Settlement
On March 19, 2010, the SEC published a litigation release announcing that the Honorable William H. Pauley issued an order approving modifications to the final judgments entered against Thomas Weisel Partners LLC and the other firms covered by the Global Research Analyst Settlement.
court_doc142_04-cv-06910 05-Dec-2025 Court Docket Document
Response to Defendants' Motion to Modify Final Judgment
The SEC stated: "[T]he Securities and Exchange Commission (SEC) consents to the relief sought by the motions and agrees that the final judgments should be modified as reflected in the proposed orders submitted by each respective Defendant. . . . Based on these unique facts and circumstances, the SEC believes modification of the Judgment is in the public interest."