About: Strong Capital Management   Sponge Permalink

An Entity of Type : dbkwik:resource/q2OxVkrnSZfhrRvb9JfGpg==, within Data Space : 134.155.108.49:8890 associated with source dataset(s)

Strong Capital Management, Inc, was a financial services firm based in Menomonee Falls, Wisconsin. During its 30-year existence it acquired other companies and expanded into the Israeli market. However, it became defunct after the 2003 mutual fund scandal amid charges of improper mutual fund trading. The settlement cleared the way for the company to be sold. It was acquired by Wells Fargo later in 2004.

AttributesValues
rdf:type
rdfs:label
  • Strong Capital Management
rdfs:comment
  • Strong Capital Management, Inc, was a financial services firm based in Menomonee Falls, Wisconsin. During its 30-year existence it acquired other companies and expanded into the Israeli market. However, it became defunct after the 2003 mutual fund scandal amid charges of improper mutual fund trading. The settlement cleared the way for the company to be sold. It was acquired by Wells Fargo later in 2004.
sameAs
Products
dcterms:subject
dbkwik:speedydelet...iPageUsesTemplate
defunct
  • 2004(xsd:integer)
Help
  • off
Page
  • Strong Capital Management
Fate
  • Acquired by Wells Fargo
Foundation
  • 1974(xsd:integer)
Company Name
  • Strong Capital Management
Key people
  • Richard Strong
substed
  • yes
Day
  • 25(xsd:integer)
Industry
Month
  • May
Timestamp
  • 20120525231731(xsd:double)
Year
  • 2012(xsd:integer)
Location
abstract
  • Strong Capital Management, Inc, was a financial services firm based in Menomonee Falls, Wisconsin. During its 30-year existence it acquired other companies and expanded into the Israeli market. However, it became defunct after the 2003 mutual fund scandal amid charges of improper mutual fund trading. In May 2004 the firm agreed to pay $80 million in restitution to investors, and founder/CEO Richard Strong agreed to personally pay an additional $60 million. Two other executives were also sanctioned and fined. The agreement was reached in a settlement involving the Securities and Exchange Commission, New York State Attorney General Eliot Spitzer, and Wisconsin Attorney General Peg Lautenschlager. Unlike most such settlements, the firm admitted wrongdoing and apologized to investors. Strong and the other two executives were barred from the securities industry for life, but no criminal charges were filed. The settlement cleared the way for the company to be sold. It was acquired by Wells Fargo later in 2004.
Alternative Linked Data Views: ODE     Raw Data in: CXML | CSV | RDF ( N-Triples N3/Turtle JSON XML ) | OData ( Atom JSON ) | Microdata ( JSON HTML) | JSON-LD    About   
This material is Open Knowledge   W3C Semantic Web Technology [RDF Data] Valid XHTML + RDFa
OpenLink Virtuoso version 07.20.3217, on Linux (x86_64-pc-linux-gnu), Standard Edition
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2012 OpenLink Software