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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NEW YORK — Hedge fund executives were charged Monday in a $1 billion fraud case linked to an oil rig explosion in the Gulf of Mexico that killed three workers and injured several others. Officials with Platinum Partners were to ...

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WASHINGTON — Hedge funds will face closer scrutiny under rules being approved Wednesday that seek to protect investors from risky trades and prevent another financial crisis. The rules were mandated under the financial overhaul law passed last year.

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NEW YORK CITY — The second trial to result from a massive investigation into insider trading at hedge funds ended Monday with the conviction of a trio of Wall Street traders on charges they paid hefty bribes to coax confidential information out of shady lawyers.

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NEW YORK CITY — A one-time billionaire on trial in a big New York City insider trading case involving hedge funds was absent from the courtroom after undergoing emergency surgery. Jurors continued deliberating Monday as representatives ...

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NEW YORK CITY — A New York City jury has entered its fourth day of deliberations at the biggest insider trading case involving hedge funds. Jurors returned to federal court in Manhattan on Thursday.

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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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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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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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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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