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A short squeeze causes GameStop stock to increase tremendously after Reddit users predicted a hedge fund closure over the last week.
2021-01-27

Elliott Management, a prominent hedge fund, has sold all its shares in the Hyundai Motor Group of South Korea. It had long quarreled with Hyundai's management, demanding more generous dividend pay-outs. Their departure from the shareholder ranks is likely welcomed by Hyundai executives.
2020-01-22

A Brooklyn federal court sentences Martin Shkreli to seven years in prison for securities fraud in his hedge fund and pharmaceutical companies.
2018-03-9

Hedge fund impresario Bill Ackman faces skeptical questioning from investors after his Pershing Square fund loses big on both Herbalife and Valeant Pharmaceuticals.
2016-04-6

Starboard Value LP, an activist hedge fund, begins a proxy contest to oust the entire board of directors of internet pioneer Yahoo.
2016-03-24

A United States district court judge orders documents turned over to hedge fund NML Capital with regard to the flow of funds in a February 9 issuance of Argentina dollar denominated sovereign bonds.
2015-02-25

Following a court order that payments to most bondholders be stopped until holdouts were paid, Argentina has defaulted on some of its bonds after negotiations fell short of reaching a deal with hedge fund investors demanding a full payout of US$1.3 billion on bonds.
2014-07-31

The U.S. Supreme Court finds against the Republic of Argentina on a discovery issue in its litigation against hedge fund NML Capital, and refuses to hear appeals on the substantive issues in the same litigation: a victory for hold-out bond-holders against a defaulting sovereign.
2014-06-16

Sri Lankan-American Raj Rajaratnam, a former hedge fund tycoon, is sentenced to 11 years in jail for insider trading.
2011-10-13

Don Chu, an executive of a hedge fund networking fund Primary Global Research, is arrested on insider trading charges in the United States.
2010-11-24