NEW YORK/WASHINGTON (Reuters) - Reserve Primary Fund founder Bruce Bent Sr. was among those charged with fraud on Tuesday by securities regulators for allegedly failing to tell investors about the fund's vulnerability to Lehman Brothers' bankruptcy.
Reuters: Business News, Reuters: Business
Tue, 05/05/2009 - 12:34pm
NEW YORK/WASHINGTON (Reuters) - Reserve Primary Fund founder Bruce Bent Sr. was among those charged with fraud on Tuesday by securities regulators for allegedly failing to tell investors about the fund's vulnerability to Lehman Brothers' bankruptcy.