Jeffrey A. Citron

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Jeffrey A. Citron is the chairman, chief strategist, and Interim CEO of Vonage, a voice-over-IP phone company. He was previously affiliated with Datek Online, the fourth-largest online stock brokerage at the time of its merger with TD AMERITRADE in September of 2002.[1]

Citron was the defendant in a civil enforcement action for securities fraud by the United States Securities and Exchange Commission (SEC) in 2003.[2] Citron paid approximately $22.5 million of a $70 million settlement to be paid by all the defendants. The SEC said these fines were "among the largest penalty amounts the SEC has ever obtained from individuals."[3]

Jeffrey is the co-founder of the Charles Lafitte Foundation (CLF). CLF has donated over $4 million to nonprofit organizations in the US. CLF was co-founded by Jeffrey's wife, Suzanne Lynn Citron. The President and Executive Director of CLF is Jennifer McCann Vertetis.[citation needed]

[edit] References

  1. ^ TD AMERITRADE History
  2. ^ SEC Complaint dated
  3. ^ SEC Digest Issues 2003-08 thru 2003-12 for the week ending January 17 2003
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