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BUSINESS
December 29, 2000 | From Bloomberg News
Pacific Genesis Group Inc., an Alameda-based municipal-bond underwriter, has been charged by U.S. regulators with fraudulently selling $70 million worth of bonds over four years to finance a Southern California housing development where the regulators allege little construction occurred. Pacific Genesis Chairman David Fitzgerald, who also was charged, said he and the firm would contest the Securities and Exchange Commission's civil-fraud allegations.
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BUSINESS
December 29, 2000 | From Bloomberg News
Pacific Genesis Group Inc., an Alameda-based municipal-bond underwriter, has been charged by U.S. regulators with fraudulently selling $70 million worth of bonds over four years to finance a Southern California housing development where the regulators allege little construction occurred. Pacific Genesis Chairman David Fitzgerald, who also was charged, said he and the firm would contest the Securities and Exchange Commission's civil-fraud allegations.
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BUSINESS
October 20, 1994 | GREG JOHNSON, TIMES STAFF WRITER
Hamburger mogul Carl N. Karcher could soon be forced to seek bankruptcy protection from creditors after a legal setback Wednesday on a lawsuit involving the Karcher family trust and a former business partner. The suit was filed in Los Angeles Superior Court by National Bank of Long Beach regarding a $600,000 real estate loan that Karcher guaranteed in connection with a troubled 1991 real estate development in San Bernardino County. Judge Eric E.
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