Tag: hedge funds

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 SEC continued its war on insider trading, bringing another “family and friends” insider trading action. SEC v. Clay Capital management, LLC, Civil Action no. 2;11-cv-05020 (D. N.J. Filed Aug. 31, 2011). Named as defendants are James Turner and his …

ANOTHER FAMILY AND FRIENDS INSIDER TRADING RING Read More »

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