Live Well Financial Ex-CFO Barred From Leading Public Company

Former Live Well Financial Inc. chief financial officer Eric Rohr can’t serve as an officer or director of a company that regularly reports to the Securities and Exchange Commission, a federal judge ruled, capping off a years-long enforcement action of the bankrupted reverse mortgage provider.

Former head trader Darren Stumberger’s liability to return allegedly ill-gotten gains plus prejudgment interest—a total of more than $3 million—was satisfied by restitution and forfeiture orders from criminal cases against him and others, Judge John P. Cronan said. The US District Court for the Southern District of New York judge signed their final judgments ...