White-Collar Crime

Sorenson Communications Holdings Inc ., which provides videophones and video interpreting services to deaf and hard-of-hearing people, filed for bankruptcy protection Monday, with a prearranged Chapter 11 plan to address its debts. Read the story here in Daily Bankruptcy Report here.

The watchdog in charge of monitoring TARP recipients on Tuesday announced criminal charges against a former official of Anchor Bancorp Wisconsin Inc. for allegedly orchestrating a fraudulent real-estate deal.

The team winding down the remnants of Lehman Brothers Holdings Inc. has reached a far-ranging settlement resolving Fannie Mae’s $18.9 billion claim stemming from mortgage loans and mortgage-backed securities the failed investment bank sold to Fannie Mae before the financial crisis.