Hedge Fund News From HedgeCo.Net

Category Archives: HedgeCo Networks Press Releases

SEC Exposes Two Initial Coin Offerings Purportedly Backed by Real Estate and Diamonds

(HedgeCo.Net) The Securities and Exchange Commission has charged a businessman and two companies with defrauding investors in a pair of so-called initial coin offerings (ICOs) purportedly backed by investments in real estate and diamonds. The SEC alleges that Maksim Zaslavskiy […]

Barred Broker Charged in Real Estate Investment Scheme

(HedgeCo.Net) The Securities and Exchange Commission has charged a former broker, his company, and his business partner in an alleged real estate investment scheme utilizing high-pressure sales tactics to pilfer $6 million from retirees and other investors while using the […]

SEC Charges Penny-Stock Operators in Push to Crack Down on Repeat Offenders

(HedgeCo.Net) The Securities and Exchange Commission today charged two individuals with defrauding investors in penny stock companies that claimed to have valuable patents. One of those charged had been barred from the penny stock business based on his role in […]

Is This the Time to Consider Reinsurance for a Diversified Hedge Fund Portfolio?

(HedgeCo.Net) Most institutional investors understand the uncorrelated, diversification benefits of property catastrophe reinsurance. Many have been waiting on the sidelines for a large event to happen that would drive up pricing before allocating to the strategy. The two big questions […]

Former Corporate Insider and Six Traders Charged With Insider Trading

(HedgeCo.Net) In a complaint filed in U.S. District Court in the Northern District of Illinois, the SEC alleges that Shane P. Fleming, a former vice president of sales at Life Time Fitness, learned of the merger discussions on or before […]

SEC Detects Brokers Defrauding Customers

(HedgeCo.Net) Three New York-based brokers have been charged with making unsuitable recommendations that resulted in substantial losses to customers and hefty commissions for the brokers. One of the brokers agreed to pay more than $400,000 to settle the charges. Brokers […]

Stock Market Analyst Barred for Illegally Cashing In On His Research Reports

(HedgeCo.Net) The Securities and Exchange Commission today charged a stock market analyst with insider trading prior to the publication of research reports and articles he authored with the false disclaimer that he wasn’t trading in the companies being covered. He […]

Pharmaceutical Company Paying Penalty for Misleading Investors About Sales Metric

(HedgeCo.Net) Aegerion Pharmaceuticals, now a subsidiary of Novelion Therapeutics, has agreed to pay a $4.1 million penalty to settle the charges that it misled investors on multiple occasions in 2013. The SEC’s complaint alleges that Aegerion told investors that the […]

Telecommunications Company Paying $965 Million For FCPA Violations

(HedgeCo.Net) Sweden-based telecommunications provider Telia Company AB has agreed to pay $965 million in a global settlement with the Securities and Exchange Commission, U.S. Department of Justice, and Dutch and Swedish law enforcement to resolve charges related to violations of […]

CEO Charged With Using Secret Accounts for Insider Trading in Company Stock

(HedgeCo.Net) The Securities and Exchange Commission today charged the former CEO of a Silicon Valley-based fiber optics company with insider trading in company stock by using secret brokerage accounts held in the names of his wife and brother. The SEC […]

Adviser Charged With Stealing Investor Funds

(HedgeCo.Net) The Securities and Exchange Commission has charged a New Jersey-based tax preparer and investment adviser with stealing more than $1 million from clients to support his gambling habit and other personal expenditures. The SEC alleges that Scott Newsholme of […]

Former Amazon Employee and College Friend Charged With Insider Trading

(HedgeCo.Net) The Securities and Exchange Commission has filed insider trading charges against a former Amazon financial analyst who allegedly leaked confidential information to his former fraternity brother in advance of a company earnings announcement so they could turn an illegal […]

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