Hedge Fund and Investment Advisor Fraud and Mismanagement Litigation and FINRA Arbitration Lawyer, Russell L. Forkey, Esq. April, 2012: SEC v. Pentagon Capital Management PLC et al., 08 CIV 03324 (RWS) (S.D.N.Y.) COURT ENTERS $98.6 MILLION FINAL JUDGMENT AGAINST U.K. HEDGE FUND ADVISER PENTAGON CAPITAL MANAGEMENT PLC AND ITS CEO…
Hedge Fund Fraud and Mismanagement FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. March, 2012: Securities and Exchange Commission v. Andrey C. Hicks and Locust Offshore Management, LLC, as Defendants, and Locust Offshore Fund, Ltd., as Relief Defendant (United States District Court for the District of Massachusetts, Civil Action…
December, 2011 The manner and operation of hedge funds makes it very difficult to uncover fraud or mismanagement. The SEC has allegedly come up with an objective methodology to attempt to ferret out fraudsters. SEC Charges Multiple Hedge Fund Managers with Fraud in Inquiry Targeting Suspicious Investment Returns As part of…
The FBI announced that a former Chicago hedge fund manager was taken into federal custody today after he turned himself in for allegedly engaging in an investment fraud scheme in which he swindled more than $3.5 million from approximately 48 victims who invested in funds he purported to operate. The…
South Florida Hedge Fund Fraud, Mismanagement and Misrepresentation Litigation and Arbitration Attorney: Hedge Fund Risk: This post relates to the risks associated with Hedge Fund investing. Please keep in mind that this post is being provided for educational purposes only. It is not designed to be complete in all material…