July 25, 2024
A hedge fund manager who copped to running a $100 million securities fraud scheme has been ordered by a New Jersey federal court to pay back the $67 million in profits she earned through misleading 40 investors about the fund's performance.
August 27, 2019
The manager of hedge fund Broad Reach Capital LP has been slapped with a U.S. Securities and Exchange Commission suit and criminal charges in New Jersey federal court alleging that she orchestrated a more than $100 million bogus investment scheme, officials said Tuesday.