In an unusual move, one of the five Securities and Exchange Commissioners is publicly criticizing last week’s settlement with Massachusetts Financial Services over improper trading, arguing the SEC ...

Pension managers in California, Oregon and New Mexico are reviewing their investment of $1 billion with Massachusetts Financial Services Co. as the Boston-based company, accused of allowing improper ...

MFS Investment Management is likely to settle securities fraud charges today, Reuters reports. Lower fees and fines totaling $350 million, plus the suspension of two top executives, including CEO John ...

MFS CEO John Ballen has hired a leading securities fraud lawyer and has met with the funds board, Reuters reports. John Falvey, a partner at Testa, Hurwitz & Thibeault who has handled a number of ...

An Interview With John Ballen-- As an antidote to the steady drumbeat of downbeat outlooks delivered by any number of bearish strategists, technical analysts and value managers recently, we thought it ...

The Securities and Exchange Commission, aiming to ratchet up penalties on executives with knowledge of improper mutual-fund trading, is seeking to suspend temporarily Massachusetts Financial Services ...

Stocks have been enjoying a nice rebound this spring. But few investment pros are willing to say that this bear market is over. "No one is ready to make broad market bets yet," says John Ballen, ...