Intent-Based Theory Of Liability In Hwang Creates Ambiguity

By Edward Imperatore (April 5, 2024, 11:25 AM EDT) -- In May, Bill Hwang, founder of Archegos Capital Management, will be tried in the U.S. District Court for the Southern District of New York on charges of racketeering conspiracy, securities fraud, market manipulation and wire fraud, for allegedly participating in a sweeping scheme to manipulate the prices of securities in Archegos' portfolio and defraud investment banks....

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