Halls of Justice

Hedge fund billionaire George Soros’ ex and former Miss Russia Anna Malova is in trouble with the law again.

A former independent director of an Australian hedge fund that collapsed in the wake of its investment in a Goldman Sachs collateralized debt obligation has called on authorities in that country to launch an investigation into the investment bank.

Lawyers for Galleon Group founder Raj Rajaratnam are seeking to delay his criminal trial, arguing that the charges against him are not specific enough to allow them to prepare a defense.

Hedge fund Omega Advisors is in “advanced settlement discussions” with a former executive convicted in a bribery scandal in Azerbaijan.

The regulator’s deputy director of enforcement, Lorin Reisner, has joined its team pressing the case that Goldman misled investors in a collateralized debt obligation that it allegedly structured and marketed on behalf of hedge fund Paulson & Co.

Anil Kumar, the former McKinsey & Co. executive who said that Galleon Group founder Raj Rajaratnam paid him for insider tips, will pay $2.8 million to settle civil charges related to the case.

Anjam Ahmad, who worked as an execution trader at AKO Capital until September, admitted to trading 22 different securities based on confidential information today in London.

He was naked, in the Jacuzzi and slightly decomposed. But police say there’s nothing suspicious about the death of a man on the Bahamas estate of hedge fund billionaire Louis Bacon.

Galleon Group founder Raj Rajaratnam continued his bid to cut the government’s insider-trading case against him down to size.

If RBC Dexia thought its legal battle with three hedge funds over the Lehman Brothers collapse was unhappily over, it was even more unhappily wrong.