Year: 2011

The SEC brought an action against a hedge fund manager for radically altering the investment policies of the fund without telling shareholders. The change was made to benefit a floundering public company of which he was chairman and in which …

HEDGE FUND MANAGER CHANGES POLICIES TO BENEFIT ANOTHER COMPANY Read More »

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The continuing saga of the Madoff Ponzi scheme has yielded another guilty plea and another Commission compliant. This time criminal and civil charges were brought against David Kugel, a longtime employee of Bernard L. Madoff Investment Securities LLC who is …

FORMER MADOFF EMPLOYEE PLEADS GUILTY, AGREES TO SETTLE WITH SEC Read More »

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