Hedge Fund News From HedgeCo.Net


Category Archives: HedgeCo News

Day Trader Charged in Brokerage Account Takeover Scheme

(HedgeCo.Net)The Securities and Exchange Commission today charged a day trader based in the Philadelphia area with participating in a scheme to access the brokerage accounts of more than 100 unwitting victims and make unauthorized trades to artificially affect the stock […]

Millennium Settles Charges of Illegal Short Selling in Advance of Stock Offerings

(HedgeCo.Net) Investment advisory firm Millennium Management LLC has agreed to pay more than $630,000 to settle charges that it shorted U.S. stocks in companies planning follow-on offerings and then illegally bought shares in the follow-on offerings. An SEC investigation found […]

SEC Charges Biotech Company, Executives With Accounting Fraud

(HedgeCo.Net) The Securities and Exchange Commission today charged a Maryland-based biotech company and four former top executives with prioritizing revenue growth over lawful accounting and misleading investors in the process. The SEC alleges that Osiris Therapeutics routinely overstated company performance […]

Agency Obtains Court Order to Stop “Ad Packs” Ponzi Scheme

(HedgeCo.Net) The Securities and Exchange Commission is warning investors to beware online “paid-to-click” scams that promise an easy payday by merely purchasing a membership or an advertising product up front and then clicking on a certain number of online ads […]

SEC Warns Investors About Paid-to-Click Scams Agency Obtains Court Order to Stop “Ad Packs” Ponzi Scheme

(HedgeCo.Net) The Securities and Exchange Commission is warning investors to beware online “paid-to-click” scams that promise an easy payday by merely purchasing a membership or an advertising product up front and then clicking on a certain number of online ads […]

SEC Charges Biotech Company, Executives With Accounting Fraud

(HedgeCo.Net) The Securities and Exchange Commission today charged a Maryland-based biotech company and four former top executives with prioritizing revenue growth over lawful accounting and misleading investors in the process. The SEC alleges that Osiris Therapeutics routinely overstated company performance […]

Engineer Settles Charges of Insider Trading Ahead of Oil Discovery Announcement

(HedgeCo.Net) A petroleum engineer who worked at Texas-based energy company Apache Corporation has agreed to settle SEC charges that he conducted insider trading ahead of a market-moving announcement about the company’s discovery of a significant new oil source. The SEC […]

SEC Charges Biotech Company, Executives With Accounting Fraud

(HedgeCo.Net) The Securities and Exchange Commission today charged a Maryland-based biotech company and four former top executives with prioritizing revenue growth over lawful accounting and misleading investors in the process. The SEC alleges that Osiris Therapeutics routinely overstated company performance […]

Millennium Settles Charges of Illegal Short Selling in Advance of Stock Offerings

(HedgeCo.Net) Investment advisory firm Millennium Management LLC has agreed to pay more than $630,000 to settle charges that it shorted U.S. stocks in companies planning follow-on offerings and then illegally bought shares in the follow-on offerings. An SEC investigation found […]

Day Trader Charged in Brokerage Account Takeover Scheme

(HedgeCo.Net) The Securities and Exchange Commission today charged a day trader based in the Philadelphia area with participating in a scheme to access the brokerage accounts of more than 100 unwitting victims and make unauthorized trades to artificially affect the […]

SEC Announces Measures to Facilitate Cross-Border Implementation of the European Union’s MiFID II’s Research Provisions

(HedgeCO.Net) Following consultation with European authorities, and in response to concerns that investors could lose access to valuable research, the staff of the U.S. Securities and Exchange Commission issued three related no-action letters. These letters are designed to provide market […]

Former Private Equity Firm Partner Charged With Secretly Billing Clients for His Vacations and Salon Visits

(HedgeCo.Net) The Securities and Exchange Commission today charged Mohammed Ali Rashid, a former senior partner at Apollo Management L.P., with defrauding his fund clients by secretly billing them for approximately $290,000 in personal expenditures, including his family vacations, visits to […]

Related Posts Plugin for WordPress, Blogger...