+ Follow CITYSTATE SAVINGS BANK AND INTERNATIONAL EXPORT BANK Tag
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 181137
[Title] => SEC uncovers 4 more Glasgow accounts
[Summary] => Here’s good news for investors of Glasgow Credit and Collection Services Inc.
The Securities and Exchange Commission has uncovered four more accounts of Glasgow in several banks, making these funds available for distribution to over 9,000 investors.
An SEC official said investors may now get 79 percent of their principal investments back, slightly higher than the earlier announced figure of 67 to 68 percent.
[DatePublished] => 2002-10-24 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 176699
[Title] => Glasgow investors won’t get all their money back
[Summary] => Investors of Glasgow Credit and Collection Services Inc. may get only 67 percent of their principal investments back as the funds in the frozen bank accounts of the company are not enough to pay back all the claims of 9,121 investors.
"We estimate that only 67 to 68 percent of the total investments made by Glasgow investors will be returned," an SEC official said.
The SEC official said investors who have submitted the required documents for the settlement of their claims, will be directed to go to the banks where Glasgow has savings accounts.
[DatePublished] => 2002-09-20 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
CITYSTATE SAVINGS BANK AND INTERNATIONAL EXPORT BANK
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 181137
[Title] => SEC uncovers 4 more Glasgow accounts
[Summary] => Here’s good news for investors of Glasgow Credit and Collection Services Inc.
The Securities and Exchange Commission has uncovered four more accounts of Glasgow in several banks, making these funds available for distribution to over 9,000 investors.
An SEC official said investors may now get 79 percent of their principal investments back, slightly higher than the earlier announced figure of 67 to 68 percent.
[DatePublished] => 2002-10-24 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 176699
[Title] => Glasgow investors won’t get all their money back
[Summary] => Investors of Glasgow Credit and Collection Services Inc. may get only 67 percent of their principal investments back as the funds in the frozen bank accounts of the company are not enough to pay back all the claims of 9,121 investors.
"We estimate that only 67 to 68 percent of the total investments made by Glasgow investors will be returned," an SEC official said.
The SEC official said investors who have submitted the required documents for the settlement of their claims, will be directed to go to the banks where Glasgow has savings accounts.
[DatePublished] => 2002-09-20 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
