Friday, 22 May 2015
Last updated 4 hours ago
Feb 17 2006 | 12:00am ET
The National Association of Securities Dealers is being sued by a Lehman Brothers employee who was one of 1,900 test taker who were wrongly told they failed their Series 7 exam.
According to a suit filed this week with the U.S. District Court in Manhattan, Andrew Crabbe said his annual bonus was cut and his reputation harmed last October when he was incorrectly told by the NASD that he had flunked the Series 7 exam.
Earlier this year the regulatory body confessed that a computer glitch caused it to inadvertently flunk 1,880 test takers who actually passed the exam. The suit aims to represent all of the brokers affected by the NASD error.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…