Hedge Fund News From HedgeCo.Net

Hedge Fund Accused of Boardroom Coup

September 6, 2016 : Permanent Link

(New York Post) The founder of New York-based iPayment is suing over his ouster, alleging a hedge fund engineered a boardroom coup as part of a plot to gain control of the company. Carl Grimstad claims the payment-processing company violated his employment agreement last week when it fired him without the required 90 days’ notice. Grimstad said his termination immediately went into effect on Aug. 26….

To read this article:

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply

Recent Posts

  1. Dow futures are little changed after index notches longest winning streak since December: Live updates
  2. Reddit shares soar 14% after company reports revenue pop in debut earnings report
  3. MFA makes recommendations to CFTC on the use of AI tools in derivatives markets
  4. China imposes tighter hedge fund rules
  5. Stock futures are little changed after Dow posts four-day win streak: Live updates

Search


Categories