Halls of Justice

John Lawton pleaded guilty last year to mail fraud and making a false statement.

Och-Ziff Capital Management and a similarly-named London hedge fund are battling in court over what's in a name.

For the first and quite possibly the last time, the man at the center of the Galleon Group insider-trading case took the stand.

Jérôme Kerviel, the rogue Société Générale trader who cooked up a phony hedge fund client to hide his €50 billion fraud, is going to jail.

One of the more unusual proceeds on any Ponzi scheme will hit the auction block later this month, as admitted hedge fund fraudster Paul Greenwood sells off most of his prized teddy-bear collection.

Galleon Group founder Raj Rajaratnam's lawyer told a federal judge today that prosecutors had "gamed the system" to win approval for the wiretaps at the heart of the insider-trading case against their client.

A third Goldman Sachs collateralized debt obligation has produced a lawsuit—and for the second time, a hedge fund is behind it.

A former hedge fund executive has been sentenced to one year and one day in prison for his role in the Thomas Petters Ponzi scheme.

Hedge fund manager Gregory Bell has been sentenced to six years in prison for his role in helping Thomas Petters cover up a $3.65 billion Ponzi scheme.

Fabrice Tourre, the only individual charged in the Goldman Sachs collateralized debt obligation fraud case, has argued that he can’t be sued in the U.S.