Spitzer's Swansong? N.Y. A.G. Hits Fund For Market-Timing

Nov 17 2006 | 1:31pm ET

He’s preparing to move into the Governor’s Mansion, but outgoing New York Attorney General Eliot Spitzer has some unfinished business to attend to.

On Thursday, Spitzer filed suit in Manhattan against hedge fund Samaritan Asset Management Services, its adviser, Johnson Capital Management, and top executives Edward Owens and Michael Johnson, alleging they evaded market-timing monitoring systems by “piggybacking” their trades on retirement plan trades through Security Trust Company. STC’s top officers pleaded guilty last year in a case brought by Spitzer.

The soon-to-be-former A.G. is seeking restitution of allegedly ill-gotten gains.


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With NFL season on the horizon, it’s time to take a look at our Fantasy Football value picks. Last year, we nailed it on Drew Brees, Jordan Howard, Frank Gore and Dwayne Allen. We missed pretty badly on Duke Johnson, Demaryius Thomas, Mohammed Sanu and Eli Manning.