Invesco and AIM to pay $450 million to settle allegations

Thu Sep 9, 2004

In the latest evidence that regulators are not finished taking action in their investigation of illegal market-timing by hedge funds and other investors, Invesco Funds Group and affiliated AIM Advisors settled charges with state and federal authorities on September 7.

Under the agreement, Denver-based Invesco...

ISSN: 2151-1845 / CDC10004H

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