SEC penalizes Aisling Capital, alleging failure to offset consulting fee


SEC, investment, private equity, law
The U.S. Securities and Exchange Commission headquarters in Washington, D.C., June 24, 2011. REUTERS/Jonathan Ernst.
The SEC late last month fined New York venture firm Aisling Capital for allegedly failing to reimburse investors for consulting fees. The firm agreed to repay investors more than $860,000 and pay the regulator a $200,000 fine. Aisling consented to the SEC’s ...

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