9/5/2018/US SEC The Securities and Exchange Commission today announced that it has charged New York-based investment adviser Premium Point Investments LP with inflating the value of private funds it advised by hundreds of millions of dollars. The SEC also charged Premium Point’s CEO and chief investment officer Anilesh Ahuja as […]
Frauds & Scandals
Hedge Fund Firm Charged for Asset Mismarking and Insider Trading
May 8, 2018/US SEC The Securities and Exchange Commission today announced the hedge fund advisory firm Visium Asset Management LP has agreed to settle charges related to asset mismarking and insider trading by its privately managed hedge funds and portfolio managers. Separately, the firm’s CFO agreed to settle charges that […]
SEC Charges Thailand-Based Trader with Insider Trading Ahead of Smithfield Foods Acquisition Announcement
May 8, 2018/US SEC The Securities and Exchange Commission on Tuesday announced insider trading charges against a Thai citizen who worked with his brother to reap millions in illegal gains by trading in advance of the May 2013 announcement that China-based Shuanghui International Holdings (now WH Group) would acquire Smithfield […]
