Monday, 4 May 2015
Last updated 10 hours ago
Aug 12 2008 | 12:36pm ET
The manager of a New York-based hedge fund shop has been sued by his former partner for fraud.
Chris Kane, who runs K Squared Funds, was accused of fraud, breach of contract, unjust enrichment and bad-faith dealings with his former partner, with whom he split two years ago. According to the suit, filed in Manhattan state court, Kane falsely attributed income to his partner, leaving the latter with the tax bill, HedgeCo reports.
According to his former partner, Kane hid information about the value of the funds from him.
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…