Halls of Justice

Crime may not pay, but cooperating with the authorities seems to be working out just fine for Barrett Wissman.

A former Maryland hedge fund manager has been ordered to pay $9.5 million in an alleged fraud case.

The National Futures Association today barred two firms and their managing principals from membership for their shady business practices.

An Illinois hedge fund manager charged with fraud in the Thomas Petters Ponzi scheme case may be making a deal.

Faced with collapse in September 2006, Amaranth Advisors turned to commodities hedge fund Touradji Capital Management, with the latter agreeing to buy the former’s base metals portfolio. Three years later, Amaranth is suing Touradji and several of its executives and employees, alleging its fellow hedge fund traded on confidential information from Amaranth.

Running a Ponzi scheme is certainly a crime. But dating a Ponzi schemer?

Less than a month before two former Bear Stearns hedge fund managers accused of fraud are set to go on trial, the war of words between prosecutors and defense attorneys is heating up.

There’s nothing quite like an election campaign in New Jersey.

Four private equity firms caught up in the New York pension pay-to-play scandal have agreed to stop using placement agents as part of a deal with the state’s attorney general.

Two former Bear Stearns hedge fund managers charged with fraud in connection with the collapse of their funds enjoyed a relatively good day in court yesterday, with the judge overseeing the case expressing a good deal of skepticism about some of the evidence prosecutors hope to present.