LYCOS RETRIEVER 
Alger
built 236 days ago
[O]f these activities, Alger Management and Alger Inc. violated the antifraud and various other provisions of the Investment Advisers Act, the Investment Company Act, and the Securities Exchange Act of 1934. The Order censures Alger Management and Alger Inc., and directs Alger Management and Alger Inc. to cease and desist from committing or causing any future violations of the provisions referred to above. Further, the Order directs Alger Management and Alger Inc., jointly and severally, to pay disgorgement of $30 million plus a civil money penalty of $10 million. The $40 million will be paid into a Fair Fund to be distributed according to a plan to be developed by an independent distribution consultant. Alger ... agreed to retain an independent compliance consultant to review various policies and procedures. Alger Management and Alger Inc. consented to the issuance of the Order without admitting or denying any of the findings in the Order.
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Monty Alger collects and uses your personal information to operate the Monty Alger Web site and deliver the services you have requested. Monty Alger ... uses your personally identifiable information to inform you of other products or services available from Monty Alger and its affiliates. Monty Alger may also contact you via surveys to conduct research about your opinion of current services or of potential new services that may be offered.
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Alger was incorporated in 1896. It was initially plotted as a station on the Chicago-Atlantic Railroad (later Erie Lackawanna) to haul crops of mostly onions from the fields to other parts of the country. Alger was first named Jaggers for Elias and Maria Jagger who supplied 40 acres for the town to be built on in 1882. In 1890, the name was changed to Preston for six months until it was discovered that another town in Ohio had the same name. It was later changed to Alger to honor Ohio born Michigan Governor Russell A. Alger, who was a descendant of one of the pioneer families of Ohio.
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In 1978, Alger Hiss was interviewed by Judah and Alice V. Graubart for their oral history of the 1930s, "Decade of Destiny" (Contemporary Books). Click here to read Hiss's recollections of the New Deal and of the 1930s, a decade that was crucial to Hiss's life and career.
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Having already published four moderately successful books for children, Alger decided to continue writing. With Ragged Dick, or Street Life in New York (1868) he scored his first formidable success. Attracted by the book, Charles O'Connor, a social worker, invited Alger to visit the Newsboys' Lodging House. The author served actively in the operation of this home for foundlings and runaways for 30 years. Much of the material for his subsequent books came from interviews with its young male residents: Fame and Fortune (1868), Mark the Match Boy (1869), Rough and Ready (1869), Sink or Swim (1870), Ben the Luggage Boy (1870), Paul the Peddler (1871), Bound to Rise (1872). After a trip to the Far West made at the urging of his publisher, Alger wrote The Young Miner (1879), The Young Explorer (1880), Ben's Nugget (1882), and Joe's Luck (1887).
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Monty Alger will occasionally update this Statement of Privacy to reflect company and customer feedback. Monty Alger encourages you to periodically review this Statement to be informed of how Monty Alger is protecting your information.
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