Tuesday, April 21, 2009
Some business just not worth having
Memphis pension-fund manager Consulting Services Group has close brush with SEC and New York litigants, according to today's Commercial Appeal. At the core: whether CSG paid a legitimate finder's fee or an illegal kickback that benefited NY officials. CSG is not accused of any crime and tells the CA of its quick response to the SEC investigation, its restitution of injured parties and its own attempts at remedial action.