Melnyk agrees to pay US$1 million in court-approved settlement with SEC

February 3, 2009 Doug Stolhand News 0

NEW YORK - Ottawa Senators owner Eugene Melnyk says he'll pay US$1 million to settle with the U.S. Securities and Exchange Commission.The American stock watchdog alleged Melnyk violated certain reporting obligations related to shares of Biovail Corp.

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Doug Stolhand is one of the co-founders and co-hosts of the Puck Podcast and has been a member of the NHL media since the show's inception in 2006.