Ex-FrontPoint Partners LLC hedge fund manager Joseph F. “Chip” Skowron and the U.S. Securities and Exchange Commission agreed in principle to settle a lawsuit, according to court papers…. Skowron surrendered in April to Federal Bureau of Investigation agents in New York to face charges of conspiracy, securities fraud and obstruction. Prosecutors accused him of obtaining information from an insider about hepatitis C drug trials enabled Greenwich, Connecticut-based FrontPoint to avoid more than $30 million in losses.
‘Enforcement 40’ for 2020
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