07/24/2014
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.
07/23/2014
A hedge fund is joining the legal fight against Puerto Rico's new debt-restructuring law
07/23/2014
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
07/23/2014
“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.
07/23/2014
The value of such property, with the exception of a “5 or 5” power, isn’t part of a decedent’s gross estate
07/23/2014
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
07/21/2014
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
07/20/2014
US regulators have claimed dozens of prominent hedge funds and asset managers were part of an insider-trading scheme involving health care companies.
07/18/2014
We are honored that our team has been selected as a STEP finalist
07/18/2014
Regulators Focus on Health-Care Stocks Ahead of Government Announcement
07/18/2014
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.
07/18/2014
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.
07/17/2014
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.
07/16/2014
Paradigm and C.L. King were allegedly under the common control of Weir
07/16/2014
A former hedge fund manager, of conspiracy to commit insider trading and the use of manipulative and deceptive devices to commit securities fraud.
07/15/2014
A New York court fined French bank BNP Paribas $9 billion last month for doing business in Sudan, Iran and Cuba.
07/15/2014
Ernst & Young settles SEC accusations for $4 million
Auditor independence is critical to the integrity of the financial reporting process
07/14/2014
IOSCO will establish the key tools - including fines, prison sentences, and clawing back ill-gotten gains - that deter financial firms from breaking the rules
07/14/2014
The deals allow individuals to give authorities information about crimes
07/14/2014
US regulator rules in favour of London-listed inter-dealer broker run by Terry Smith