Regulators say the fund manager allegedly paid old investors with new money — and doctored the books to cover the gap.
He allegedly traded biotech deals in a relative's account. Now he is paying up and out of the industry for two years.
Jeffrey Thomas Higgins allegedly took clients' money for 17 years.
Trump's Fed pick outlined plans to reshape inflation policy as questions swirled over his divestiture plans and commitment to institutional independence.
Shareholder claims Hercules Capital dressed up its NAV while quietly loading up on software debt
The agency says a $16M crypto raise leaned on insurance that never existed — and a "trust fund" that wasn't
The private bank promised a "no-margin-call" Tesla hedge. A new lawsuit claims it delivered the opposite
Proposal would scale back Form PF requirements for some private fund advisors
The trial of Bradley Heppner, the former chair of GWG Holdings and a closely linked company, Beneficient, starts Tuesday in Manhattan federal court.
Olof Olsson, a former broker with Aegis Capital Corp., allegedly stole $3.8 million from the Swedish Church of New York.
When the schools collapsed, investors lost both their capital and immigration hopes
He promised up to 40% returns. The SEC says he never had a single profitable year.
Three trades appeared, then vanished without a trace. Now comes a $40M lawsuit
Fees allegedly double the industry norm — and the performance numbers don't help either
A $2.4B contract sent the stock soaring 198%. Then a short seller dug deeper.
Two SEC staff declarations tell conflicting stories about a tip tied to Goldman Sachs
Bernstein sees prediction market trading volume hitting $1 trillion by 2030, but an ongoing legal fight over sports event contracts could test that outlook.
With Powell's chairmanship expiring May 15 and his nominated replacement facing a Senate confirmation snag, Trump is ramping up pressure on the Fed chief to exit the central bank entirely.
His divulged net worth easily eclipses current Chair Jerome Powell's, though holdings in venture capital, private funds, and crypto make the exact number hard to pin down.
Private fund firm refutes the allegations, emphasizing support from investors, strict adherence to its LPA, and full focus on results.
