Halls of Justice

A hedge fund manager who tried to fake his death to avoid justice for defrauding investors of hundreds of thousands of dollars has been sentenced to 10 years in prison.

It was a tale of two comptollers yesterday in New York, with the state's former comptroller pleading guilty in the state pension's pay-to-play scandal and his successor being cleared of wrongdoing in the same.

The Securities and Exchange Commission is looking into whether the CEO of Alaska Air Group passed inside information on to hedge fund Donald Smith & Co.

New York-based hedge fund QVT Financial is back in court, suing a Commerzbank unit over profit-dependent securities.

Joseph Contorinis was found guilty of one count of conspiracy and seven counts of securities fraud charges yesterday.

Family members of Bernard Madoff have asked a judge to dismiss a lawsuit filed against them by the court-appointed receiver in the case.

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.