Monthly Archives: September 2003

Sep. 10–The New York attorney general’s office, which is investigating mutual fund trading practices, has contacted Houston-based Invesco Funds Group Inc., the company said Tuesday. In a statement on the company’s Web site, chief executive Mark H. Williamson said, “As […]

Sep. 10–Two years ago, Donald C. O’Neill set up offices in the same polished high-rise building in downtown Fort Lauderdale that houses the U.S. attorney. Now prosecutors say they shared thepremises with a sophisticated crook. O’Neill, prosecutors allege, used the […]

Sep. 10–Donald C. O’Neill raised $13.7 million through a fraudulent foreign currency investment scheme and then spent much of it on personal indulgences, federal authorities charge. The FBI is looking for the former Lighthouse Point resident who used the money […]

FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–Sept. 10, 2003–Stock Market Solutions, Inc. (OTCBB:SMKT) In completing its highly anticipated software trading system based on Jesse Livermore methodology thecompany has discovered a new analytic based solely on Jesse Livermore trading theories. SMKT announced in July […]

NEW YORK (AP) – Investors trying to determine whether mutual fund companies put shareholders’ interests above their own face a difficult task. After last week’s charges against four companies that they allowed a hedge fund to make illegal trades, investors […]

Sep. 10–New Jersey hedge fund Canary Capital Partners squeezed sweet returns out of mutual funds whose investors were drinking from a bitter cup. Canary Capital averaged returns of more than 30 percent a year from 2000 to 2002 by trading […]

NEW YORK–(BUSINESS WIRE)–Sept. 10, 2003–The law firm of Milberg Weiss Bershad Hynes & Lerach LLP announces that a class action lawsuit was filed on September 9, 2003, on behalf of purchasersof the securities of the Janus Funds family of funds […]

<body.content> <block> <p>DARIEN, Conn., Sept. 10 /PRNewswire/ — The CRA Business Strategies Group, a leading consulting firm to the nation’s multi-trillion-dollar asset managementindustry, today announced its annual Competitive Challenges Conference will be held September 16-17 at New York City’s Palace […]

Lawyers for WorldCom said Tuesday that they had reached a tentative agreement with some of the company’s creditors that would resolve significant objections to its plan to emerge from bankruptcyunder the name MCI. After negotiations that stretched past midnight into […]

As the mutual fund industry scrambles to cope with investigations into improper trading of fund shares, some small fund companies are poised to gain business. Last week, Eliot Spitzer, the New YorkState attorney general, said his office had uncovered widespread […]

WATCHUNG, N.J.–(BUSINESS WIRE)–Sept. 10, 2003–Hotspot FXi today announced Rob Fleschler has joined the firm as global head of sales. In this role, Mr. Fleschler will be responsible for driving allof Hotspot FXi’s sales operations. With over a decade of international […]

<body.content> <block> <p>NEW YORK, Sept. 10 /PRNewswire/ — The law firm of Milberg Weiss Bershad Hynes &amp; Lerach LLP announces that a class action lawsuit was filed onSeptember 9, 2003, on behalf of purchasers of the securities of the Strong […]