Jun 28 2012 | 4:04am ET
The Securities and Exchange Commission yesterday accused Harbinger Capital Management and founder Philip Falcone of fraud—not once, but four times.
In a civil fraud lawsuit in the making since at least last year, the regulator accused Falcone of taking an improper loan from Harbinger to pay his taxes, of granting Goldman Sachs preferential redemption treatment and of market manipulation.
Feb 3 2014 | 9:27am ET
In recognition of his extraordinary dedication to philanthropy, Marathon Asset Management’s Bruce Richards will be presented with the Award for Caring during the 16th Annual New York Open Your Heart to the Children Benefit, which takes place on Thursday, March 6. The gala, the largest gathering that Hedge Funds Care/Help For Children holds worldwide, will bring together 1,000 hedge fund executives to raise funds to help prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…