Saturday, 1 August 2015
Last updated 23 hours ago
Jun 22 2012 | 11:55am ET
Boussard & Gavaudan and co-founder Emmanuel Boussard have been cleared of insider-trading allegations by French regulators.
The Autorité des Marchés Financiers has ended a two-year probe into the hedge fund. The hedge fund said at the time it began that it involved a single €1.06 million transaction, but offered no further details.
Boussard and the firm have always denied any wrongdoing, saying that they believe their "conduct has been and remains in conformity with market regulations."
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…