Both funds settled the administrative proceedings.
Deephaven Capital Management, the hedge fund adviser, settled charges of insider trading yesterday after financial regulators said the firm had pushed down stock prices with illegally obtained information.
DealBook » SAC Settles Insider Trading Cases for $616 Million | Two affiliates of the giant hedge fund have settled insider trading cases with the S.E.C., for $616 million, in what the agency said was the biggest ever settlement for such cases.
Lawyers for Liesel Pritzker filed a motion today trying to freeze the assets of her family's foundations until her lawsuit claiming that her father stole $1 billion from her trust fund is settled.
Companies like Rydex that permit market timing draw a distinction between the sort of investing they encourage and the kind of trading done by Canary Capital Partners, a hedge fund that settled with Mr. Spitzer's office for $40 million last week.
Over two days of talks at a racetrack outside Dublin, European finance ministers narrowed their field of candidates to run the International Monetary Fund, and settled on two names: Rodrigo Rato of Spain and Jean Lemierre of France.
This meant that the prize fund was settled at £71,320.
Learning about the fraud, the agency, one of those supported by The New York Times Neediest Cases Fund, provided $737 from the fund to settle with the collection agency pursuing him.
Goldman Sachs has been ordered to pay $20.58 million to creditors of a failed hedge fund to settle claims that the bank helped the fund perpetrate a Ponzi scheme.
CIT paid $3 million to a national educational fund to settle the investigation.
