Bermuda resident penalized by SEC
Bermuda resident Susan McKenna Grant has been ordered by a US court to disgorge $135,204 and pay $264,796 in refunds and interest following a lawsuit filed by the Securities and Exchange Commission. Grant, who lives at Harbour Road, Paget, was one of three former executives of NASDAQ-listed Alias Research Inc. who were ordered to pay total penalties of $2.4 million on July 24, 2000.