Hedge Fund Bosses Can't Shake SEC Fraud Suit
Paul Mannion Jr., Andrews Reckles and their firms, PEF Advisors LLC and PEF Advisors Ltd., were accused in October of defrauding investors and overvaluing the hedge fund they advised by hiding trouble assets in a medical staffing company.
The SEC claims they failed to disclose that the company, World Health Alternatives Inc., had defaulted on...
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