Sunday, 29 March 2015
Last updated 2 days ago
Jun 15 2007 | 10:37am ET
Hedge fund Rocker Partners has rearmed with some high-profile legal firepower in its battle with online retailer Overstock.com.
New Jersey-based Rocker has hired David Boies’ Armonk, N.Y.-based Boies, Schiller & Flexner to defend it against a suit filed by Overstock, accusing the hedge fund of attempting to drive down Overstock’s share price.
Rocker made the move after a California appeals court denied its motion to dismiss Overstock’s suit last month. The hedge fund dumped Los Angeles firm Paul, Hastings, Janofsky & Walker to add Boies’ firm to its legal team, Gavin Rooney, another Rocker lawyer, told Bloomberg News.
Boies, perhaps best-known for representing then-Vice President Al Gore during the battle over 2000 presidential election, has also represented the U.S. Justice Dept. in its successful battle against Microsoft, the New York Yankees, Napster and Enron CFO Andrew Fastow.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…