CARE TO CONTRIBUTE?
TIPS, COMMENTS and QUESTIONS are always welcome (and strictly confidential).
Contact The Daily Caveat via:
Or just
read the feed...
Previous Posts
- SEC Probing Role of Hedge Funds in Bankruptcies
- Federated Investors Settles to the Tune of $100 Mi...
- Brit Enron Bankers Fight Extradition on Texas Indi...
- Ahold's Shareholders Settle for a Billion
- On Wall Street's Year in Review
- Choicepoint Backs off Age Verification Product
- Investors Out of Luck on SEC Regulation of Hedge F...
- Quest CEO Claims CIA Deals Prompted Suspect Stock ...
- UK Serious Fraud Office Investigating Missing $650...
- Holiday Handicap of Major Corporate Scandals
Hedge Fund, Cornell Capital Partners, in SEC Pipes Probe
Via Matthew Goldstein at The Street:
Cornell Capital Partners, a hedge fund that specializes in finance for ailing penny-stock companies, is being investigated by securities regulators for its trading activity in shares of nine companies.
The Jersey City, N.J.-based hedge fund, which has more than $200 million in assets, disclosed the investigation in its most recent audited financial statement, a copy of which was obtained by TheStreet.com. Copies of the hedge fund's 2004 financial statement were mailed to Cornell investors in late August.
Read on, here.
And while we're cribbing from Goldstein, you should also check out this piece, which has details on the continuing travails at Millinium Partners...including info on their $100 million settlement with the SEC and NY Attorney General, Eliot Spitzer.
Find out who's going free and who got fingered here.
-- MDT
Labels: Eliot Spitzer, PIPES
