Tag: fraud

Martin Shkreli Convicted of Securities Fraud

Former hedge fund manager and pharmaceutical CEO Martin Shkreli convicted of securities fraud. Martin Shkreli, the former pharmaceutical CEO best known for a 2015 price-gouging scandal, was convicted Friday on two counts of securities fraud and one count of conspiracy…

Mark Angelo Yorkville Advisors Charged by SEC

Mark Angelo $1Billion hedge fund Yorkville Advisors Charged by SEC With Fraud and Bogus Valuations. SEC charged Mark Angelo and his formerly $1 billion Jersey City, N.J., hedge fund firm, Yorkville Advisors, with fraud on Wednesday, alleging they overvalued assets…

Hedge Funders On the New SEC Advisory Board

Hedge Funds and their investors are well-represented on the SEC new Advisory board. Private equity has a say on the new committee, as well, in the form of Madison Dearborn Partners Mark Tresnowski, Stephen Holmes, CEO of venture capital firm…