Tag Archives: news-press


Prominent NY law firm to seek bankruptcy

KWCH.com – A prominent New York law firm is expected to seek bankruptcy protection. That’s according to a receiver appointed to run the firm — which has been scandalized by charges that its founder was behind a massive fraud. The […]

Dreier Lawyers Describe Depleted Accounts, Departures From Firm

Law.com – As Marc S. Dreier was being arrested for attempting to defraud hedge funds of more than $100 million, some of the 10 affiliates of Dreier LLP were peeling off and others were trying to hold the firm together […]

Hedge funds request Dillard’s corporate records

Forbes – A group of Dillard’s Inc. investors is asking the family that controls most shares in the department store chain for corporate records containing information on family and business relationships and perks given to directors or executives of the department store […]

Hedge Funds And The Early Buffett Partnership

istockAnalyst.com – Mutual funds and hedge funds are very similar. An investor puts $10,000 into a mutual fund or hedge fund, and the manager uses that $10,000—along with the rest of the fund’s capital—to buy and sell securities. Though often […]

Yahoo Stock Shoots Up After Carl Icahn Raises His Stake

eBrandz – In a move expected to fuel speculation over Yahoo Inc.’s search for a new chief executive — Corporate raider and billionaire investor Carl Icahn augmented his stake in Yahoo, has bought up close to 7 million additional shares […]

Global Task Forces To Target Short Sales, Hedge Funds

EasyBourse.com – Global securities regulators have formed three task forces targeting short selling, hedge funds and unregulated financial trading, in an effort to take "urgent action" to coordinate responses to current market turmoil, Securities and Exchange Commission Chairman Christopher Cox […]

Cuban may have last word

Vineland Daily Journal – So Mark Cuban — internet billionaire, Dallas Mavericks owner, blogging geyser — is in the soup for alleged insider training, the feds claiming he saved himself $750,000. That’s chump change. It wouldn’t even pay his NBA […]

New York Hedge Fund Sued By Former Employee

New York (HedgeCo.Net) – New York hedge fund Peconic Partners was sued yesterday for firing an employee who reportedly was running his mouth about some shady insider trading activities. The suit, filed by former Chief Compliance Officer Joseph Sullivan in […]

Hedge Fund Exit Strategies

Because of the recent market turmoil, many hedge-fund investors have questions regarding what regulations are applicable to hedge funds, and how to withdraw their money from their hedge-fund investments if they want out. Indeed, hedge funds often present many different […]

Shareholder Sues CSX, Claims Hedge Funds Were to Blame

New York (HedgeCo.Net) – CSX is finding themselves in the middle of another battle, this time with a shareholder who is suing the railroad company along with hedge funds TCI and 3G Capital Partners. Shareholder Deborah Donoghue is seeking the […]

SEC to Make Hedge Funds Report Short Sales Until 2009

Bloomberg – The U.S. Securities and Exchange Commission extended a rule forcing hedge funds to tell the agency about short-sale positions amid concerns investors bet against companies after spreading false rumors they will fail. Investment managers who oversee more than […]

Related Posts Plugin for WordPress, Blogger...