No Insider-Trading Charges Against Boussard

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."


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...

 

From the current issue of

Versum Materials (VSM), with a market capitalization of $2.7 billion, enables chipmakers to achieve higher performance at lower cost with enhanced reliability. Versum is a leading global provider of electronic materials for the integrated circuit and flat-panel display markets.