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Steve Madden Ltd

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BUSINESS
May 12, 1998 | From Times Staff and Wire Reports
Two former executives of a defunct New York brokerage were arrested Monday and charged with netting $3 million for the company by illegally manipulating securities of two companies, including United Leisure Corp. in Fountain Valley. New York authorities accused the defendants of gaining control of the trading in securities of United Leisure and Steven Madden Ltd. before artificially increasing the bid price and selling shares to investors.
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BUSINESS
May 24, 2001 | ANNE D'INNOCENZIO, ASSOCIATED PRESS
Shoe designer Steve Madden, who built a $200-million company based on his trademark chunky shoes for teenagers, pleaded guilty Wednesday to federal charges of securities fraud and money laundering. "It's been traumatic," Madden told Judge Kimba Wood in a Manhattan federal court. The guilty plea closes a chapter on a scandal that captivated the fashion industry.
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BUSINESS
May 24, 2001 | ANNE D'INNOCENZIO, ASSOCIATED PRESS
Shoe designer Steve Madden, who built a $200-million company based on his trademark chunky shoes for teenagers, pleaded guilty Wednesday to federal charges of securities fraud and money laundering. "It's been traumatic," Madden told Judge Kimba Wood in a Manhattan federal court. The guilty plea closes a chapter on a scandal that captivated the fashion industry.
BUSINESS
May 12, 1998 | From Times Staff and Wire Reports
Two former executives of a defunct New York brokerage were arrested Monday and charged with netting $3 million for the company by illegally manipulating securities of two companies, including United Leisure Corp. in Fountain Valley. New York authorities accused the defendants of gaining control of the trading in securities of United Leisure and Steven Madden Ltd. before artificially increasing the bid price and selling shares to investors.
BUSINESS
July 10, 2011 | By Tom Petruno, Los Angeles Times
Caution and daring both have managed to pay off for stock investors in 2011. Some classic "value" stocks of blue-chip companies have revived as bargain hunters look for refuge amid a faltering economic recovery. Drug giant Pfizer Inc., for example, is up 15% this year. At the other end of the market spectrum, economic jitters have made "growth" investors all the more hungry for the most promising up-and-coming firms, such as restaurant chain Panera Bread Co. and health-information systems developer Quality Systems Inc. Both of those stocks are up more than 30% year to date.
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