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As a result of that decision, Singer’s hedge fund obtained a $2.4 billion settlement from Argentina. [read post]
2 May 2011, 6:42 am by Anthony Lake
Michael Lauer, former chief of Lancer Management Group, a multimillion dollar hedge fund, was acquitted by a jury last week in the U.S. [read post]
29 Jun 2022, 7:17 am by Silver Law Group
But the rise of SPAC popularity means that hedge funds and others have been entering the SPAC market, while a number of SPACs are under investigation. [read post]
26 Oct 2011, 9:01 am by Mark J. Astarita, Esq.
"Readers will recall that Rajaratnam, founder of the Galleon Group hedge fund, was convicted in May by a New York federal jury after a two-month trial and was sentenced to 11 years in prison, the longest recorded for insider trading. [read post]
18 Mar 2025, 1:00 am by Sherica Celine
Read now » Related Content ERISA in Private Equity Fund Investment Negotiation See how plan fiduciaries of an ERISA retirement plan may wish to invest in alternative investments, such as private equity or hedge funds or other nontraditional asset classes, as part of their overall investment strategy. [read post]
29 Sep 2017, 6:41 am
In recent years, activist hedge funds have installed dissident nominees who collectively have trailed the S&P 1500 index significantly in terms of gender and racial diversity. [read post]
9 Dec 2009, 6:55 am by Heather Young
In the network, I claimed, were hedge funds such as David Rocker's; putatively independent research firms like Gradient which essentially took dictation from hedge funds; a small group of financial journalists such as Herb Greenberg and Carol Remond who, it appears, also took assignments from this hedge fund network; Milberg Weiss (a plaintiff's class action law firm which was coordinating its lawsuits with these bear raids); and Eliot… [read post]
13 Oct 2011, 5:58 am by Mike Scarcella
Sentencing Day: Billionaire hedge fund manager Raj Rajaratnam will be sentenced this morning in Manhattan federal district court to what many expect will be one of the longest-ever prison terms in an insider trading case. [read post]
12 Jan 2010, 6:46 am by Mark J. Astarita, Esq.
Clearing firms, those entities which perform back office, bookkeeping, accounting, custodian and record-keeping functions for other broker-dealers, hedge funds and investment advisers, are not liable for the investment losses of their client's customers. [read post]
27 Jun 2008, 2:13 am
As Professor Henning notes:A false hope that the hedge funds would pull through, no matter how misguided, can be a defense to a fraud charge. [read post]
16 Dec 2010, 10:01 pm by Lawrence B. Ebert
.'s iPhone and other technology products to hedge funds were arrested.yahoo.finance includes a quote:The charges allege that a "corrupt network of insiders at some of the world's leading technology companies served as so-called 'consultants' who sold out their employers by stealing and then peddling their valuable inside information," U.S. [read post]
8 Mar 2011, 1:59 pm by Ailyn Cabico
  Fund investors typically include institutional investors (e.g., pensions, endowments, foundations, insurance companies) and other hedge funds (hedge fund of funds), as well as relatively sophisticated high-net-worth individuals. [read post]
8 Jan 2010, 8:41 am by structuredsettlements
One structured annuity company told this author today that it WILL NOT accept money to fund a structured attorney fee with one of its annuities in which the projected total payout is less than the premium paid to the company. [read post]
Celsius reportedly lent FTX $1 billion to fund FTX’s hedge fund Alameda in exchange for FTT crypto tokens. [read post]
18 Mar 2011, 2:13 pm by The Law Firm of Shein and Brandenburg
Defense attorneys in several of the federal criminal trials involving traders at the Galleon Group hedge fund have challenged the admissibility of wiretapping evidence obtained by the FBI. [read post]
20 Apr 2023, 6:37 am by Dan Bressler
” “Corvex had the power “to make investment decisions on behalf of private funds that Corvex advised, including by causing such private funds to purchase securities … to assist with financing SPAC business combinations,” the order stated. [read post]
5 Nov 2010, 5:27 pm by James Hamilton
Specifically, the shareholders alleged that the prospec­tuses of several of the funds created the mis­leading impression that the adviser would implement measures to curb market timing in the funds when in fact secret arrangements with several hedge funds permitted market timing transactions. [read post]