Halls of Justice

A former hedge fund compliance chief is accusing his old boss of favoring his interests of those of the fund’s investors in a wrongful termination lawsuit.

The Securities and Exchange Commission’s chief administrative law judge has found herself under fire after she exonerated two top officials for their handling of an investigation of hedge fund Pequot Capital Management.

A former UBS executive has been sentenced to six-and-a-half-years in prison for running an insider-trading scheme involving several hedge funds.

The National Futures Association announced has suspended SNC Investments and its principal, Peter Son, from membership.

A Virginia commodity pool operator has been found guilty of defrauding investors.

Bank of America Corp. has sued Bear Stearns and two former Bear hedge fund managers, alleging that they lied about two funds on the brink of collapse.

Five Lancelot Investment Management hedge funds have filed for bankruptcy, blaming Minnesota businessman and hedge fund manager Tom Petters, who is accused of orchestrating one of the largest Ponzi schemes in history.

Convicted hedge fund swindler Samuel Israel will spend the next three months at a medical prison after a federal judge postponed his plea hearing on bail-jumping charges for the third time.

Who wrote Hedge Fund Wives?

Tatiana Hoover, née Boncompagni, has sued sister Natasha Boncompagni, alleging that Natasha secretly copied parts of the novel and claims co-authorship.

A federal judge has put a stop to the avalanche of lawsuits being filed against accused Minnesota hedge fund fraudster Tom Petters, giving his companies’ court-appointed receivers the “breathing room” they asked for.