Sunday, 19 April 2015
Last updated 3 hours ago
Jan 27 2012 | 11:51am ET
Two of the hedge fund managers to plead guilty in the expert-network insider-trading case have been barred from the securities industry.
The Securities and Exchange Commission issued orders forbidding Noah Freeman and Samir Barai from "association with any broker, dealer, investment adviser, municipal securities dealer or transfer agent." Barai, the founder of hedge fund Barai Capital Management, was also fined $3.4 million.
Both men pleaded guilty last year to sharing and trading on confidential information learned from consultants at expert network Primary Global Research. Freeman, a former SAC Capital Advisors trader, cooperated with the investigation.
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…