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Value Line controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2009

    SEC mutual-fund fraud enforcement matter

    The SEC found that improper practices affecting Value Line mutual-fund shareholders had continued for nearly 20 years and involved more than $24 million. Value Line was ordered to provide restitution through a fair fund and to pay disgorgement, prejudgment interest, and civil penalties. Former CEO Jean Buttner and former COO David Henigson received separate monetary penalties and officer-and-director and industry-association bars. No criminal charges were filed.

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