SEC Settles With Former IndyMac CEO After Dropping Most Claims

One of the Commission's significant market crisis cases arose out of the collapse of IndyMac Bancorp, Inc. SEC v. Perry, Civil Action No. CV 11-01309 (C.D. Cal. Filed Feb. 11, 2011). The complaint named as defendants Michael Perry, former CEO and Chairman of the bank, and A. Scott Keys, the former...