Managers of Wealth Americas

Barclays attempts to have 'dark pool' fraud lawsuit thrown out of court

The British bank files rebuttal to serious allegations made by New York Attorney General over promotion of its electronic trading platform

Morgan Stanley to Pay $275 Million for Misleading Investors in Subprime RMBS Offerings

The SEC charged Morgan Stanley with violations of Sections 17(a)(2) and (3) of the Securities Act of 1933.

Hedge Fund Chief Testifies at Senate Tax-Avoidance Hearing

On an unlevered basis, our models produce modest returns with very low volatility

Ex-Merrill Chief Steffens Cleared by Jury for Madoff Loss

The Goldensons claimed New York-based Spring Mountain invested money in a Madoff feeder fund without their knowledge, resulting in losses. The couple sought the return of $4.8 million plus damages for mental anguish.

Hedge Fund Joins Legal Fray Over Puerto Rico Debt Law

A hedge fund is joining the legal fight against Puerto Rico's new debt-restructuring law

Deutsche Bank Suffers From Litany of Reporting Problems, Regulators Said

An examination by the Federal Reserve Bank of New York found that Deutsche Bank AG 's giant U.S. operations suffer from a litany of serious financial-reporting problems that the lender has known about for years but not fixed

Ex-Evercore Banker Says Inside Trades for Child Support

“Mr. Hixon’s actions were a misguided expression of love and support for his younger daughter, whom he desperately feared losing,” his lawyer, William F. Johnson, argued in a July 18 filing in Manhattan federal court.

Family Trust Assets

The value of such property, with the exception of a “5 or 5” power, isn’t part of a decedent’s gross estate

Quarles Adds Former Baker & McKenzie M&A Atty In Chicago

He joins the firm as a partner focusing his practice on corporate and antitrust law bringing experience advising foreign clients doing business in the U.S. on corporate, commercial and transactional matters

Ex-Santander banker cops $US1.9m fine on BHP deal

A banker tied to BHP Billiton’s failed bid for control of Potash Corp has agreed to settle an insider trading lawsuit in the US

SEC Investigates 44 Investment Firms on Insider Trading

US regulators have claimed dozens of prominent hedge funds and asset managers were part of an insider-trading scheme involving health care companies.

STEP Private Client Awards - Butler Snow finalist for International Legal Team of the Year

We are honored that our team has been selected as a STEP finalist

SEC Widens Trading Probe to Investment Firms

Regulators Focus on Health-Care Stocks Ahead of Government Announcement

Barclays and Deutsche Bank said to face further scrutiny

The companies, which aren’t named in the notice, are Barclays, Deutsche Bank and hedge-fund manager Renaissance Technologies LLC, the people said. Representatives for each of the companies plan to testify at the July 22 hearing, the people said.

US hedge fund sues for higher Kabel Deutschland offer

Two people familiar with the matter said that Elliott was seeking between EUR 225 and EUR 275 per share, almost three times higher than the EUR 84.63 per share cash offer made by Vodafone.

How Smaller Banks Can Avoid Volcker Rule Headaches

The Volcker Rule was designed to curb big banks' ability to engage in risky and speculative securities trading activities in an effort to prevent future U.S. government bailouts of financial institutions deemed too big to fail.

SEC charges hedge fund adviser with engaging in prohibited principal transactions and retaliating against whistleblower

Paradigm and C.L. King were allegedly under the common control of Weir

New York Jury Acquits Former Hedge Fund Manager of Insider Trading Conspiracy

A former hedge fund manager, of conspiracy to commit insider trading and the use of manipulative and deceptive devices to commit securities fraud.

Bundesbank concerned by U.S. penalties for European banks

A New York court fined French bank BNP Paribas $9 billion last month for doing business in Sudan, Iran and Cuba.

Ernst & Young settles SEC accusations for $4 million

Auditor independence is critical to the integrity of the financial reporting process

Legal, Regulation & Compliance