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‘Enforcement 40’ for 2020
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Join the Securities Litigation and Enforcement Group on LinkedInThe hedge fund at the center of an insider-trading scandal is shutting down — Reuters
Visium Asset Management, the hedge fund at the center of an insider-trading investigation, is shutting down, according to an investor letter seen by Business Insider. Visium is shutting its flagship balanced fund and has suspended withdrawals and redemptions requested from investors. The fund managed $7.8 billion at the start of the year, according to Hedge Fund […]
SEC beats new challenge to in-house judges in Atlanta federal court – Business Insider
The 11th U.S. Circuit Court of Appeals became the fourth federal appeals court to rule for the SEC, which critics say can benefit from pursuing enforcement cases in-house because they offer procedural advantages that can make it easier to win. By a 3-0 vote, the appeals court threw out preliminary injunctions that had blocked the […]
Securities Docket News Wire for June 17, 2016
Get caught up with the Securities Docket News Wire for June 17, 2016.