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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 188359 [Title] => Glasgow investors not on SEC list may still get their money back [Summary] => Investors of Glasgow Collection and Services Inc. who have yet to get their principal investments back will have something to look forward to as the company has authorized the Securities and Exchange Commission (SEC) to pay even those that are not on the SEC list of claimants.
SEC Chairperson Lilia R. Bautista said Glasgow has given SEC the authority to pay 450 Glasgow investors who were not included on the SEC list. She did not say how much would be returned to the investors.
[DatePublished] => 2002-12-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 185365 [Title] => SEC fines Glasgow P13.5M [Summary] => The Securities and Exchange Commission (SEC) has imposed a P13.5-million fine on Glasgow Collection and Services Inc. for the unauthorizedsale of securities in violation of the Securities Regulation Code (SRC).
SEC officials said Glasgow was willing to settle the fine in exchange for the dropping of charges against the company, its officers and owners.
The SEC earlier said it was considering filing a criminal complaint against Glasgow officers to make them answerable for all the losses incurred by investors.
[DatePublished] => 2002-11-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 182084 [Title] => Glasgow investors may get money back before yearend [Summary] => The Securities and Exchange Commission said investors of Glasgow Credit and Collection Services Inc. may get their money back before December this year.
Tomas Syquia, head of the SECs compliance and enforcement department, said: "Before December, we expect to give it. Were just fixing the payment scheme. The priority is to return the money."
Glasgow investors are expected to receive 79 percent of their principal investments back, slightly higher than the earlier announced figure of 67 to 68 percent.
[DatePublished] => 2002-10-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
RADICION BALDIA
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 188359 [Title] => Glasgow investors not on SEC list may still get their money back [Summary] => Investors of Glasgow Collection and Services Inc. who have yet to get their principal investments back will have something to look forward to as the company has authorized the Securities and Exchange Commission (SEC) to pay even those that are not on the SEC list of claimants.
SEC Chairperson Lilia R. Bautista said Glasgow has given SEC the authority to pay 450 Glasgow investors who were not included on the SEC list. She did not say how much would be returned to the investors.
[DatePublished] => 2002-12-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 185365 [Title] => SEC fines Glasgow P13.5M [Summary] => The Securities and Exchange Commission (SEC) has imposed a P13.5-million fine on Glasgow Collection and Services Inc. for the unauthorizedsale of securities in violation of the Securities Regulation Code (SRC).
SEC officials said Glasgow was willing to settle the fine in exchange for the dropping of charges against the company, its officers and owners.
The SEC earlier said it was considering filing a criminal complaint against Glasgow officers to make them answerable for all the losses incurred by investors.
[DatePublished] => 2002-11-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 182084 [Title] => Glasgow investors may get money back before yearend [Summary] => The Securities and Exchange Commission said investors of Glasgow Credit and Collection Services Inc. may get their money back before December this year.
Tomas Syquia, head of the SECs compliance and enforcement department, said: "Before December, we expect to give it. Were just fixing the payment scheme. The priority is to return the money."
Glasgow investors are expected to receive 79 percent of their principal investments back, slightly higher than the earlier announced figure of 67 to 68 percent.
[DatePublished] => 2002-10-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Zinnia B. Dela Peña | December 18, 2002 - 12:00am
By Zinnia B. Dela Peña | November 25, 2002 - 12:00am
By Zinnia B. Dela Peña | October 31, 2002 - 12:00am
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