Bethlehem developer agrees to $800K settlement with Pa. Division of Banking and Securities

Bethlehem developer agrees to $800K settlement with Pa. Division of Banking and Securities

BETHLEHEM, Pa. – Lehigh Valley developer Lou Pektor is paying $800,000 to settle claims of impropriety introduced forth by the Pennsylvania Division of Banking and Securities. In line with the settlement, the Division of Banking concluded Pektor violated the Pennsylvania Securities Act when he failed to inform traders about judgments and liens pending in opposition…