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Jul 09, 2014

American Apparel Reaches Deal with Charney, Hedge Fund

Struggling apparel and accessories retailer American Apparel Inc said it has reached a deal with hedge fund Standard General LP and founder Dov Charney to remake its board and bolster finances...

Jul 08, 2014

Jury acquits brother of imprisoned Galleon Group hedge fund founder

The brother of an imprisoned former billionaire hedge fund founder was acquitted of conspiracy in New York on Tuesday...

Jul 09, 2014

Harbinger sues Dish, Ergen for $1.5 billion over LightSquared

Harbinger Capital Partners has sued Dish Network Corp and its Chairman Charles Ergen, seeking at least $1.5 billion for allegedly trying to strip the hedge fund of its control of bankrupt wireless company LightSquared... #Dish Network #Charles Ergen

Jul 08, 2014

Younger Rajaratnam Finally Out of His Brother’s Shadow

For years, Rengan Rajaratnam clashed with his older brother Raj even as he sought to emulate his hedge fund success... #Galleon Group #SAC Capital Advisors

Jul 10, 2014

Steven Cohen Writes a Big Check to the U.S. Government

Mr. Cohen's former hedge fund paid a $900 million penalty to prosecutors roughly three months after the firm's guilty plea to insider trading charges was approved by a federal judge... #US Government #SAC Capital Advisors

Jul 08, 2014

Jury acquits brother of imprisoned Galleon Group hedge fund founder

The brother of an imprisoned former billionaire hedge fund founder was acquitted of conspiracy in New York on Tuesday... #US Government #SAC Capital Advisors

Jul 11, 2014

Onetime Star Sees Investor Exodus

Boaz Weinstein, once one of Wall Street's most successful traders, has seen assets at his hedge-fund firm shrink by half to $2.6 billion in the past year as he struggles with investment losses and client defections... #US Government #SAC Capital Advisors

Jul 10, 2014

Hedge fund to give American Apparel a lifeline

American Apparel Inc. is getting a financial lifeline from its largest shareholders in an agreement that could leave founder Dov Charney out in the cold... #US Government #SAC Capital Advisors

Jul 10, 2014

Hedge fund to give American Apparel a lifeline

American Apparel Inc. is getting a financial lifeline from its largest shareholders in an agreement that could leave founder Dov Charney out in the cold... #US Government #SAC Capital Advisors

Jul 09, 2014

American Apparel Gets Financing

Hedge fund Standard General gained sway over American Apparel Inc. with $25 million in financing that will give the struggling fashion company funds to repay a loan in exchange for overhauling its board... #US Government #SAC Capital Advisors