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30 Aug 2016, 3:41 pm by Kevin LaCroix
”  Now, investments in class actions by hedge funds focused primarily on maximizing returns for their stakeholders (not for allegedly injured class members) threaten to exacerbate this problem. [read post]
23 Aug 2016, 3:01 pm by Kevin LaCroix
  We don’t become the clients nor take over their cases, and thus we are no different than any other capital provider to corporates – banks, insurers, private equity or hedge funds … The reason we have disclosure rules is to allow judges to test for conflicts. [read post]
15 Aug 2016, 3:09 pm by Dan Harris
The article is about a massive (how massive is yet to be determined) scam that used a London address to convince Chinese investors to invest millions into what now appears to have been a wholly fake currency hedge fund: A London address helped draw Chinese investors to EuroFX. [read post]
15 Aug 2016, 12:29 pm by Mark Astarita
  Lathen’s hedge fund was the true owner of the survivor’s option investments. [read post]
11 Aug 2016, 2:55 pm by Mark Astarita
Mitsakos and Matrix Capital Markets, which is a state-registered investment adviser in California, solicited investors in a purported hedge fund while falsely marketing themselves as experienced money managers with a highly successful track record. [read post]
8 Jul 2016, 3:22 am by Broc Romanek
He’s brilliant & an excellent securities lawyer on top of all that niceness. [read post]
6 Jul 2016, 4:44 am by Kelly Phillips Erb
Hedge funds are often incorporated offshore to avoid both heavy U.S. regulation and entity-level taxation. [read post]
30 Jun 2016, 6:59 am by John Deacon
Pricing for cross-border transactions in particular and the availability of FX hedging will inevitably be key factors for any new finance transactions. [read post]
29 Jun 2016, 6:05 am
 Related research from the Program on Corporate Governance includes The Long-Term Effects of Hedge Fund Activism by Lucian Bebchuk, Alon Brav, and Wei Jiang (discussed on the Forum here), The Myth that Insulating Boards Serves Long-Term Value by Lucian Bebchuk (discussed on the Forum here), The Law and Economics of Blockholder Disclosure by Lucian Bebchuk and Robert J. [read post]
28 Jun 2016, 11:43 am by Mark Astarita
These matters include advisers who misallocated private fund expenses, including the SEC’s first action charging a private equity fund manager for misallocating expenses between the manager and the private funds and a similar action against a hedge fund adviser, as well as actions against advisers for misallocating trades to its client’s detriment and stealing client assets. [read post]
Do I want to hedge the risk of the UK becoming more isolated and open a subsidiary in the EU? [read post]
15 Jun 2016, 8:08 am by Mark Astarita
  Plaford allegedly made approximately $300,000 by trading based on inside information in hedge funds he managed. [read post]
31 May 2016, 1:19 pm by Mark Astarita
-based investment advisory firm and its owner with scheming to collect extra monthly fees from a pair of hedge funds they managed. [read post]
6 May 2016, 3:43 am by Broc Romanek
Here’s the intro from this Cooley blog: To date, for the most part, when it comes to shareholder activism, the heavy lifting has been done by hedge fund activists. [read post]
3 May 2016, 4:10 pm by Beth Mole
The new potential charges—along with the initial ones—relate to allegations that the pair ran a Ponzi-like scheme, in which they funneled millions of dollars out of Retrophin, another of Shkreli’s pharmaceutical companies, to cover losses from two hedge funds Shkreli managed. [read post]
29 Apr 2016, 8:32 am by Doug Cornelius
At the very least, he felt, the agency should continue to investigate more senior executives at Goldman and John Paulson & Co., the hedge fund run by John Paulson that made about a billion dollars from the Abacus deal. [read post]
5 Apr 2016, 11:58 pm by Old Fox
Lawfully injected into London hedge funds and Wall Street trading rooms, it funds high-stakes investments and, in the good years, big bonus pools.The movement of this offshore money is an industry made possible in part by the secrecy on sale in tax havens, led by the UK’s substantial network of offshore enclaves. [read post]