SEC fines, censures former superintendent in Clovis
CLOVIS, Calif. (AP) — The U.S. Securities and Exchange Commission has censured and fined the former superintendent of a California school district and popular Fresno-area education consultant.
The SEC says 72-year-old Terry Bradley, who spent 33 years with the Clovis Unified School District, shared five districts' private information with an advisory company while it was negotiating for contracts.
Bradley was hired as a municipal adviser by Keygent Inc. in 2010. The SEC found that Bradley gave Keygent information on upcoming interview questions and competing bidders.
The SEC on released the settlement on Monday. Bradley agreed to the settlement with no admission or denial of guilt. Bradley and his lawyer declined to comment further.
The names of the five districts involved in the case were not released.