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Banker 'pressured by ex-Rams investor to overvalue company'

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A WITNESS in the US fraud trial of a former Derby County investor has told how he felt pressured to overvalue the share price of a solar panel firm in order to generate greater returns.The Virginia court has heard that L. Bruce Glasser was hired to head up the New York investment banking arm of MICG Investment Management – a company led by former Rams investor Jeffrey Martinovich.Mr Glasser convinced Martinovich to invest in a New Jersey company called EPV Solar.He told the court that...

Banker 'pressured by ex-Rams investor to overvalue company'


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