Business
Piper Jaffray Cos. was fined $2.4 million by the NASD on Monday for improper sales of initial public offerings to executives from companies including Liquid Audio Inc. and GoAmerica Inc.
July 13, 2004
The NASD on Tuesday fined brokerages Quick & Reilly and Piper Jaffray Cos. for giving preferred sales treatment to mutual funds in exchange for commission-generating stock trades and other payments.
Feb. 23, 2005
The company is paying the least of any of the securities firms targeted in the investigation.
Dec. 31, 2002
Piper Jaffray Inc., a century-old investment company, was fined nearly $2 million on Wednesday for allegedly failing to fully inform investors about the risks of a fund that lost nearly $140 million.
March 7, 1996
Swiss banking company UBS said Tuesday that it had agreed to buy the U.S. private client branch network of Piper Jaffray Cos. for $500 million in cash, expanding its wealth management business in the Midwest and western United States.
April 12, 2006
Securities: Portfolio suffered big losses in 1994 and faced lawsuits because of derivative-related losses.
June 20, 1996
Securities: U.S. Bancorp Piper Jaffray and worker will pay $300,000, ending an investigation of possible retaliatory acts.
June 26, 2002
Parent U.S. Bancorp says the brokerage no longer fits with its business model.
Feb. 20, 2003
Piper Jaffray Again Sued Over Derivatives Losses: The investment company is being sued for losses in a mutual fund it manages for Managers Funds of Norwalk, Conn.
Sept. 30, 1994
Houlihan Lokey Howard & Zukin, a closely held Los Angeles-based investment bank, said it had hired six bankers from Piper Jaffray Cos. to help it win business from technology firms.
March 22, 2005