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Oct. 15 (Bloomberg) — Investment adviser Melhado, Flynn & Associates pleaded guilty to allegations of securities fraud and faces a fine as much as $184 million, prosecutors in Brooklyn, New York, said.
Final Glance: Investment Banks companies (AP via Yahoo! Finance)
NEW YORK (AP) — Shares of some top investment banks companies were down at the close of trading: Goldman Sachs fell $3.65 or 1.9 percent, to $188.63. Morgan Stanley fell $.12 or .4 percent, to $32.71.
