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Lancer - SEC hassles for company associated ...
Internal Administrator
Posted: Friday, August 12, 2011
Joined: 10/12/2010
Posts: 5779


Posted: 5/15/2004 11:55:24 AM

By: jurisper

with David J. Breazzano, co-founder of DDJ Capital, the firm selected by the Lancer receiver to manage the Lancer portfolios.

Breazzano has been a director since 1997 (and now, apparently, "lead director" and a member of the executive committee) of Key Energy Services (NYSE:KEG), which recently announced it is cooperating with a federal investigation arising from alleged fraud by the mgt of part of its operations: http://biz.yahoo.com/rb/040503/energy_keyenergy_1.html

(Key may have had these kinds of problems for a while, if this means anything: http://www.record-eagle.com/2002/jun/01whistl.htm)

No suggestion that Breazzano is at all at fault personally, but probably not an ideal look.


 

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