September 07, 2012
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.
April 13, 2012
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.
December 13, 2011
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.
May 05, 2011
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.