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One News Page » Category » Front Page » Thursday, 5 November 2009 » Value Line Chief Replaced as `Most Trusted Name

Value Line Chief Replaced as `Most Trusted Name' Settles $43 Million Claim

Reported by Bloomberg
on Thursday, 5 November 2009
(2 weeks ago)

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Bloomberg: Value Line Chief Replaced as `Most Trusted Name

Nov.
4 (Bloomberg) -- Value Line Inc., billed as “the most
trusted name in investment research,” replaced its leader and
agreed to pay $43 million to settle U.S.
claims the firm
fabricated trades to generate fees from mutual funds it managed.

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