November 03, 2015
Fenway Partners, LLC, Peter Lamm, William Gregory Smart, Timothy Mayhew, Jr., Walter Wiacek
SANCTION AMOUNT: 10,241,471.10
Defendants: Fenway Partners, LLC
Peter Lamm, William Gregory Smart, Timothy Mayhew, Jr., Walter Wiacek
Settlement of charges that Respondents failed to disclose conflicts of interest to a fund client and investors about several transactions involving more than $20 million in payments to former firm employees and an affiliated entity made out of fund and portfolio company assets, for consulting services that were primarily provided while the former employees were still working at Fenway Partners.
- Key Docs
- Official SEC press release