BRADENTON, Fla. — The Securities and Exchange Commission on Monday filed a motion in Alabama federal court announcing that it had reached proposed settlements in the civil securities fraud case against Montgomery bond dealer William Blount and his firm, Blount Parrish & Co., and local lobbyist Al LaPierre.

While details about the settlements were not made public in available court documents, the SEC also said it would pursue litigation against Larry Langford, who has begun serving a 15-year sentence in a federal prison for his role in a pay-to-play scheme that centered on the restructuring of Jefferson County’s $3.2 billion of sewer debt when he was president of the county commission.

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