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September 8, 2011
STIFEL, NICOLAUS AND FORMER EXECUTIVE CHARGED BY SEC WITH FRAUD IN SALE OF INVESTMENTS TO WISCONSIN SCHOOL DISTRICTS

In a report from the United States Securities and Exchange Commission's website, it was announced on August 10, 2011, the SEC charged Stifel, Nicolaus & Co., Inc., a St. Louis-based broker-dealer, and former Stifel Senior Vice President David W. Noack with defrauding five Wisconsin school districts by selling them unsuitably risky and complex investments funded largely […]

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