Archive for September 30th, 2011

Boca Raton Imperial Holdings stock drops 60% after FBI raid on headquarters

Friday, September 30th, 2011

English: The engraved nameplate of the New Yor...

In the hours before investors learned that Imperial Holdings was the target of a federal investigation, investors made a large number of bets that the company’s stock would plunge. (more…)

FBI, police raid Boca Raton Imperial Holdings

Friday, September 30th, 2011

Official seal of City of Boca Raton

FBI agents and Boca Raton police closed the offices of finance firm Imperial Holdings on Tuesday as they executed a search warrant.

On Tuesday afternoon, an empty U-Haul truck was backed up to the entrance of the company’s headquarters at 701 Park of Commerce Blvd., apparently ready to be filled with documents. (more…)