Articles tagged "George Aylward"
SEC leaves little doubt that Virtus knew to be suspicious of what it was selling yet kept those concerns from wholesalers
After concerns were raised Virtus grabbed for earplugs -- a move that made economic sense in retrospect
November 24, 2015 at 7:08 PM
Catching shareholders short, SEC lets Virtus skate with $16.5 million tax-deductible settlement after alleged 'willful blindness'
Observers say the Hartford, Conn.-based mutual fund company turned a blind eye to a fictitious track record but the SEC saw fit to mete out a not-so-big fine
November 4, 2015 at 7:13 PM
Allegations in Virtus class action relate to the fund company using a track record improperly calculated by its subadvisor
The suit says the track record was fabricated using backtested hypothetical results that were not only falsely presented to investors but were themselves grossly inflated
August 26, 2015 at 3:54 PM
Where Virtus stands after F-Squared seemingly led it astray, to mutual benefit
The Hartford, Conn. firm is raising no alarms with investors but a handful of Virtus ex-employees are expressing confusion about how it all went down