Hedge Fund Exec Ordered To Pay $1.6M In Misused-Funds Case

Law360, New York (September 25, 2012, 5:40 PM EDT) -- A Florida federal judge on Monday ordered a former manager of two bankrupt Florida hedge funds to pay back more than $1.6 million he allegedly obtained in a scheme to misappropriate $34 million from investors.

Gregory Tindall, one of four fund managers charged by the U.S. Securities and Exchange Commission, received the maximum civil penalty allowed by law. Tindall did not fight the charges, and in May Judge James D. Whittemore entered a default judgment against him.

“The conduct that Tindall has admitted [by default] was...
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Case Information

Case Title

Securities and Exchange Commission v. Buckhannon et al


Case Number

8:10-cv-02859

Court

Florida Middle

Nature of Suit

Securities/Commodities

Judge

James D. Whittemore

Date Filed

December 20, 2010

Government Agencies

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