Tuesday, 31 March 2015
Last updated 35 min ago
Aug 15 2013 | 12:35pm ET
The Securities and Exchange Commission has sued a Twitter-loving hedge fund manager for allegedly ripping investors off of more than $1 million.
Anthony Davian misappropriated more than two-thirds of the $1.5 million he raised for his Akron, Ohio-based Davian Capital Advisors, the SEC said. Davian, better known to Twitter followers as @hedgieguy, allegedly used the money to finance a lavish lifestyle.
The SEC's lawsuit, filed yesterday, comes after a June raid by the U.S. Secret Service and U.S. Postal Service. Davian may have attempted suicide thereafter; he was hospitalized with carbon monoxide poisoning after his wife found him passed out in his car.
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…