Search Results for: Hedges

Former hedge fund trader Danielle Chiesi was sentenced Wednesday to 30 months in prison after pleading guilty in the US District Court for the Southern District of New York to three criminal counts of conspiracy...

JURIST Guest Columnist Richard Booth of Villanova University School of Law says that courts should stop certifying securities fraud class actions, as they compound the loss to stockholders and other methods could be utilized to deter corporate fraud and more...

Former hedge fund trader Danielle Chiesi on Wednesday agreed to pay USD $540,000 to settle a civil charge with the Securities and Exchange Commission (SEC) . Chiesi was accused of communicating non-public information about IBM Corporation, Advanced Microdevices...

Judge Burton Lifland of the US Bankruptcy Court for the Southern District of New York approved the first settlement payments to victims of the $65 billion Bernard Madoff Ponzi scheme, sending payments of approximately...

UN Office of the Commissioner on Human Rights Independent Expert on foreign debt and human rights, Cephas Lumina, warned Greece that implementation of the latest batch of austerity measures to solve its economic crisis could...

On April 16, 2010, the Securities and Exchange Commission (SEC) filed a civil action against Goldman, Sachs & Co. for the structuring and marketing of a synthetic collateralized debt obligation (CDO). The synthetic CDO, a complex financial security used to speculate or manage the risk that an obligation will not be paid, was tied to [...]

JPMorgan Chase & Co reached a $153.6 million settlement Tuesday for fraud charges brought by the US Securities and Exchange Commissionn(SEC) for allegedly misleading investors during the housing crisis. A settlement...

Eric Lipkin, payroll manager for Bernard L Madoff Investment Securities LLC, pleaded guilty on Monday to six criminal counts in the US District Court for the Southern District of New York related...

A federal jury on Wednesday convicted Galleon Group hedge fund founder Raj Rajaratnam on all 14 counts of insider trading. The jury in the US District Court for the Southern District of New York ...

The US Department of Justice (DOJ) announced on Friday that the former CEO of mortgage company Taylor, Bean & Whitaker (TBW) pleaded guilty on charges of fraud related to the Troubled Asset Relief...