Noranda gets NYSE listing notice, sets reverse split vote date

New York Stock Exchange officials have told Noranda Aluminum Holding executives that the slide in the company's share price to below $1 has put it in the listing standards doghouse. The Noranda team now has six months to get their stock back above $1 on a regular basis. To that end, they will host on Aug. 24 a special shareholders' vote on a 1-for-7 reverse split. Noranda shares (Ticker: NOR) rose more than 6 percent Tuesday to 56.5 cents.

Jul 29, 2015 7:03 AM

AG settles with auto dealer over ad practices

The Tennessee Attorney General's Office and the state Division of Consumer Affairs have reached an agreement with auto dealer Wholesale Inc. that calls on the company to change its advertising. The deal comes after a complaint from a soldier stationed at Fort Campbell led to allegations that the company violated the Tennessee Consumer Protection Act in marketing a fictitious lender and saying it was marketing a limited amount of loans to military personnel. Check out more info here.

Apr 21, 2015 9:01 AM

UBS to add more Nashville jobs

Compliance unit set to grow 30% globally over three years
Apr 17, 2015 7:32 AM

BABC adds D.C. quintet

Group features two partners, focuses on financial services litigation/compliance
Apr 7, 2015 2:54 PM

Pinnacle adds compliance exec for investment units

Former TrustCore leader also will work with new capital markets group
Mar 6, 2015 2:40 PM

First Farmers '12-'13 restatements boost bottom line by $1.5M

Bank's managers formally admit to material weakness in internal controls
Feb 12, 2015 7:08 AM

State to get $25M from S&P settlement

Standard & Poor's Financial Services executives have agreed to settle an investigation into the firm's ratings practices last decade. The company has agreed to pay the Department of Justice and almost 20 states $1.375 billion. Tennessee will get $25 million of that amount. Check out the state's release here.

Feb 3, 2015 12:09 PM

First Farmers fires CFO

Exit comes after $1.1B bank company said it will restate earnings
Jan 28, 2015 2:30 PM

First Farmers to restate earnings

The leaders of local bank holding company First Farmers & Merchants Corp. say they will soon file corrected financial statements for 2012 and 2013 after discovering errors in how they accounted for their post-retirement health care plan in those years. The mistakes with the defined-benefit plan — which covers employees who retired before mid-20007 — came to light in preparing the company's 2014 numbers and, in a filing with the SEC, First Farmers execs say they've brought accounting firm BKD into the loop.

Columbia-based First Farmers has $1.1 billion in assets and posted a profit of $7.6 million through the first nine months of last year. The company runs 19 offices in eight area counties.

Jan 19, 2015 12:55 PM

Franklin Synergy parent sells compliance unit

Founder returns to independence after almost seven years under bank umbrella
Jan 5, 2015 6:58 AM