Hedge Fund Manager, SEC Settle PIPE Charges

Dec 22 2005 | 7:47pm ET

Hedge fund manager John Mangan, who was formerly registered as a broker with Friedman, Billings, Ramsey & Co., has been permanently barred from associating with any NASD-registered firm. He has also been ordered to pay a $125,000 fine to settle charges that he deceptively obtained shares in a PIPE transaction, improperly sold the shares short and shared in profits from the shares without obtaining permission from FBR.


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Publisher's Note

    Hedge Funds Care Gala Raises $2 Million For Charity

    Mar 10 2014 | 11:33am ET

    A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…