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Tag Archives: hedge funds

Hedge funds facing criminal probe over bond valuations

U.S. prosecutors are investigating one of Wall Street’s darkest markets, focusing on hedge funds suspected of inflating the value of debt securities in their portfolios to juice the fees they collect. Having prosecuted traders who lied to customers about bond ...

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Feds turn up heat on Wall Street

WASHINGTON, D.C. — Federal investigators have turned up the heat on Wall Street, raiding three hedge funds in what one of the targets called a wide-ranging probe of insider trading. The FBI on Monday searched the New York offices of Level Global Investors LP ...

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SEC widens net to stem insider-trading

When the U.S. Securities and Exchange Commission filed federal fraud charges against the powerful New York hedge fund Galleon Management and its billionaire owner, an SEC official seized the opportunity to issue a warning to those working in the industry.

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Deal near on EU hedge fund rules

BRUSSELS — European Union finance ministers expect to cut a deal on new disclosure rules for hedge funds next week, diplomats said Friday, despite British and U.S. and financial industry ...

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Breach of Contract: Citigroup Global Markets, Inc. v. VCG Special Opportunities Master Fund Limited

U.S. Court of Appeals, Second Circuit Breach of Contract Credit Default Swap Agreement Citigroup Global Markets, Inc. v. VCG Special Opportunities Master Fund Limited 08-6090-cv Appealed from the Southern District of New York Background: On July 17, 2006, VCG, a ...

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