Ex-CIBC executive pleads not guilty: Faces 27 counts of larceny, fraud
Article Abstract:
Former Canadian Imperial Bank of Commerce executive, Paul Flynn, who was charged with helping to steal millions of dollars form various fund companies, pleaded not guilty to 27 counts of grand larceny and securities fraud. The bank is planning to provide mandatory legal and reputational risk training to its employees and would establish a hotline allowing the staffs to report any improper behavior or other irregularities.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2004
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CIBC sues 6 former employees
Article Abstract:
Canadian Imperial Bank of Commerce (CIBC) has sued six former employees who have departed for upstart Genuity Capital Markets. They are alleged that they took confidential information and masterminded a secretive well-directed scheme to recruit colleagues and launched a rival brokerage while they were still working for the bank.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2005
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Ill judge delays Valentine trial
Article Abstract:
Mark Valentine, the former Bay Street securities dealer, will have his trial in Florida delayed due to an illness of the presiding judge. Mr. Valentine, who had been employed at Thomson Kernaghan and Company Ltd., has been charged with securities fraud by the FBI.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2003
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