Wednesday, 24 August 2016
Last updated 15 min ago
Feb 7 2007 | 11:22am ET
A pair of D.B. Zwirn executives are out of a job as the New York hedge fund continues to reel from revelations about a bookkeeping scandal.
The New York Post reports that Harold Khan, chief operating officer, and David Proshan, general counsel, have resigned. Shareholders were notified of the departures in a letter, the tabloid said.
In October, CFO Perry Gruss resigned after the firm found that he had allegedly misallocated expenses to client accounts.