Shelly Sigo

The Jefferson County Commission wants to end its investment advisory services contracts and appoint an in-house committee to do the work, according to the Birmingham News.

A firm associated with a former JPMorgan banker being pursued in a Securities and Exchange Commission civil case for alleged pay-to-play charges involving Jefferson County, Ala., was fired on Christmas Eve from a pension consulting job in Florida after Charles LeCroy's legal problems came to light.

Alabama federal Judge Keith Watkins accepted a settlement Monday ending a two-year-old lawsuit involving swaptions between the Alabama Public School and College Authority and JPMorgan.

BRADENTON, Fla. — Lewis Diaz, a bond attorney with Peck, Shaffer & Williams LLP, has been appointed to a three-year term on the finance and administration committee of the Northern Kentucky Area Development District.

BRADENTON, Fla. — Florida Attorney General Bill McCollum Wednesday announced a $25 million settlement with JPMorgan to resolve allegations that the investment bank improperly sold unregistered securities to the local government investment pool.

BRADENTON, Fla. — A New York Supreme Court judge late Tuesday rejected JPMorgan’s motion to dismiss two lawsuits brought earlier this year by Syncora Guarantee Inc. and Assured Guaranty.

BRADENTON, Fla. — The Southwest Florida Expressway Authority had the potential to issue hundreds of millions in bonds for a toll-road project that was once estimated to cost nearly $1 billion.

A preliminary audit appears to have found that Tennessee is “materially out of compliance” with regulations for federal stimulus funds that were supposed to be spent on weatherization improvements for low-income homeowners.

Moody’s Investors Service downgraded the Jewish Hospital & St. Mary’s HealthCare to Baa1 from A3 with a negative outlook Friday.

Growth in Florida’s population will give the state two new congressional seats and two electoral votes thanks to the census count earlier this year.

BRADENTON, Fla. — Florida Attorney General Bill McCollum Wednesday announced a $25 million settlement with JPMorgan to resolve allegations that the investment bank sold unregistered securities to the local government investment pool.

BRADENTON, Fla. — A New York Supreme Court judge late Tuesday rejected JPMorgan’s motion to dismiss two lawsuits brought earlier this year by Syncora Guarantee Inc. and Assured Guaranty.

Tax-exempt toll revenue bonds and public-private partnerships may be used to finance the $4.1 billion Louisville-Southern Indiana Ohio River Bridges Project.

For the second year in a row, Moody's Investors Service has downgraded DeKalb County, Ga.'s general obligation rating because of pressured financial operations and the near-term challenge of restoring the general fund balance to levels consistent with a higher rating level.

BRADENTON, Fla. — After struggling against Alabama Democrats much of his eight years in office, outgoing Republican Gov. Bob Riley finally won passage of bills strengthening ethics and curbing corruption among politicians in the state.

BRADENTON, Fla. — Tennessee has instituted some of the strictest guidelines ever imposed for issuing municipal debt by establishing a model requiring that all ­issuers adopt debt-management policies by Jan. 1, 2012.

Tennessee Governor-elect Bill Haslam has selected Mark Emkes as commissioner of the Department of Finance and Administration, which oversees the state budget and health care program.

Standard & Poor's revised its outlook to positive from stable on Orange County's AA general obligation credit rating Tuesday based on continuing improvement in the county's financial position.

Moody's Investors Service downgraded Coral Gables' issuer rating to Aa1 from Aaa on Tuesday due to the city's historically narrow financial reserve position. Its total general fund balance as a percentage of operating revenues historically has been around 8% and "well below" the median for a Aaa-rated credit, said Moody's analyst John Nichols.

The Alabama Supreme Court ruled Tuesday that Jefferson County can continue to collect an occupational and business license tax while appealing a lower court decision that it's unconstitutional.