Saturday, 30 May 2015
Last updated 16 hours ago
Nov 17 2006 | 12:31pm 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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…