Nadel Receiver Seeks Approval Of Clawback Deal

Law360, New York (May 26, 2009, 12:00 AM EDT) -- The receiver in the securities case against hedge fund manager Arthur Nadel has asked the court to approve a settlement with an investor couple who have agreed to pay back most of the profits they received from their investments with the alleged fraudster.

Receiver Burton W. Wiand on Friday asked the U.S. District Court for the Middle District of Florida to put its stamp on a settlement with investors Victor and Susan Trzeciak for recovery of sums received from one or more receivership entities that exceeded...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.