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The New York City Criminal Court sentences former Trump Organization chief financial officer Allen Weisselberg to five months in the infirmary unit of Rikers Island for tax fraud and tax evasion.
2023-01-10

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

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

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

Portuguese authorities charge Luiz Felipe Scolari, the coach of the Brazil national football team, with tax fraud allegedly carried out when he was the coach of Portugal.
2014-05-14

A prominent currency trading platform launched by and for banks, ParFX, opens its doors to hedge fund participation.
2014-01-23

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