Securities and Exchange Commission v. ICP Asset Management, LLC et al

  1. September 07, 2012

    ICP, Founder To Pay $24M In MBS Fraud Settlement

    Investment adviser ICP Asset Management LLC, its founder and two subsidiaries agreed Wednesday to pay about $24 million to settle a U.S. Securities and Exchange Commission suit in New York federal court alleging they defrauded mortgage-backed securities investors.

  2. April 13, 2012

    ICP Founder's Wife Kept In SEC Suit

    A federal judge refused on Friday to toss a U.S. Securities and Exchange Commission case against the wife of ICP Asset Management LLC founder Thomas C. Priore, who allegedly defrauded investors in mortgage-backed securities, saying that she may have hidden money for him.

  3. December 13, 2011

    Defendant Must Stay In CDO Fraud Suit Against ICP: Judge

    A New York federal judge on Tuesday refused to dismiss a longtime friend of ICP Asset Management founder Thomas C. Priore from a U.S. Securities and Exchange Commission suit alleging Priore defrauded investors in collateralized debt obligations that were invested primarily in mortgage-backed securities.

  4. May 05, 2011

    SEC Goes After ICP Founder's Homes In CDO Fraud Case

    Securities regulators on Thursday accused ICP Asset Management LLC's founder of trying to shield two homes from a lawsuit in New York federal court alleging that he defrauded collateralized debt obligations investors.