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Stock impact report

Ex-Nuveen Trader Seeks Leniency for $47 Million Insider Scheme [Yahoo! Finance]

Invesco Ltd (IVZ) 
Last invesco ltd earnings: 4/23 06:55 am Check Earnings Report
Company Research Source: Yahoo! Finance
Most Read from Bloomberg Israel Says a Cease-Fire Plan Backed by Hamas Falls Short High-Tech Trading Firms Race to Grab Bond Market Turf Russians Are Coming to Terms With Putin's War in Ukraine Apple Revamps iPads With AI-Focused Pro Model, Bigger Air Lawrence Billimek, who will be sentenced on May 20, faces as many as seven years in prison under federal guidelines. In a recommendation filed on Monday, Billimek's lawyers didn't suggest a specific term but simply asked US District Judge Paul Gardephe in Manhattan for the “most lenient sentence,” arguing the ex-trader had suffered enough by losing his career and reputation. Federal prosecutors will file their own recommendation before Billimek's sentencing and are likely to ask for more than six years in prison. Billimek, 53, pleaded guilty in November to passing tips about planned Nuveen stock purchases over a six-year period to retiree Alan Williams, who would then acquire the shares ahead of the asset management giant. Show less Read more
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