Saturday, 28 March 2015
Last updated 10 hours ago
Mar 18 2014 | 11:04am ET
Blogger “Valuable Insights” can remain anonymous for at least two more weeks.
Greenlight Capital has asked a New York State court to force Seeking Alpha to out the pseudonymous contributor, who disclosed its investment in Micron Technology before it was made public. The hedge fund was to have its chance today, but the hearing was postponed to April 1.
Greenlight wants to sue the blogger, whom it accuses of driving up its price for Micron. The hedge fund said it believes that only people with a contractual or fiduciary duty knew about its moves before Valuable Insights’ Nov. 14 post. In addition, Greenlight alleges, the blogger owned Micron shares when he or she made the post.
Judge Carol Edmead in Manhattan has asked Seeking Alpha why she should not grant Greenlight’s motion ordering the blog to identify Valuable Insights. Seeking Alpha has so far refused to do so.
In his or her profile on Seeking Alpha, Valuable Insights is described as a fund manager with more than two decades in the securities industry.
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…