SEC Launches Man Group Probe In $175 Million Fraud Case
The investigation into PAAM comes after the collapse of the hedge fund in June. Federal regulators took control of the firm and appointed C. Clark Hodgson, a partner with the firm Stradley, Ronon, Stevens & Young LLP, to manage its assets.
On Sept. 27, Hodgson asked that a court hold Man Group in contempt, after...
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