CDM, a Cambridge consulting, engineering, and construction firm with 4,000-plus employees worldwide, has decided to stay in 180,000 square feet at One Cambridge Place in East Cambridge, according to Lincoln Property Co., the broker representing the landlord. CDM’s option to renew expired and the company explored other locations but chose to stay in the building owned by MetLife Real Estate Investments. John D. Miller, senior vice president of Lincoln Property, said it was the largest office lease signed in Cambridge this year. CDM, which had been a tenant there since the building went up a decade ago, was represented by CresaPartners. (Thomas C. Palmer Jr.)
Mark C. Roopenian, a partner at the Chiofaro Co. and a 24-year veteran of the real estate industry, has been appointed vice president of leasing and asset management for Broadway Partners of New York, a private real estate firm that owns the John Hancock Tower in the Back Bay. Roopenian will handle leasing, management, and capital improvements for Broadway’s properties in the area, which include 200 State St., 116 Huntington, Ten Post Office Square, and Bay Colony Corporate Center in Waltham. (Thomas C. Palmer Jr.)
Wachovia Corp. will pay as much as $144 million to settle a US regulator’s claims that the bank’s poor oversight let telemarketers and payment processors withdraw millions from customers’ accounts. Wachovia will pay as much as $125 million in restitution, a $10 million civil penalty, and $8.9 million for consumer-education programs, the Office of the Comptroller of the Currency said. The Charlotte, N.C., bank neither admitted nor denied wrongdoing, the OCC said. The settlement comes after an investigation determined Wachovia profited from fees and charges on accounts held by payment processors and telemarketers who took advantage of thousands of consumers, most of them elderly, from June 2003 through December 2006. (Bloomberg)

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