Greenberg Traurig Secures Dismissal of Civil and Criminal Securities Fraud Charges
The securities fraud charges were levelled against four former Brixmor executives who were forced to resign over the alleged scheme: Michael Carroll, former CEO; Greenberg Traurig client Michael Pappagallo, former president and CFO; Steven Splain, former chief accounting officer; and former accountant Michael Mortimer.
- The securities fraud charges were levelled against four former Brixmor executives who were forced to resign over the alleged scheme: Michael Carroll, former CEO; Greenberg Traurig client Michael Pappagallo, former president and CFO; Steven Splain, former chief accounting officer; and former accountant Michael Mortimer.
- Splain and Mortimer had pled guilty to securities fraud, agreed to the SEC's entry of a consent judgment, and entered into cooperation agreements with the government.
- Brixmor entered a consent judgment with the SEC and paid a $7 million civil penalty.
- About Greenberg Traurig: Greenberg Traurig, LLP (GT) has approximately 2200 attorneys in 40 locations in the United States, Latin America, Europe, Asia, and the Middle East.