A one-time portfolio manager at a top New York hedge fund has been sentenced to 18 months in prison beritamalay3.blogspot.com

A one-time portfolio manager at a top New York hedge fund has been sentenced to 18 months in prison beritamalay3.blogspot.com - Apa khabar sahabat BERITA MALAY, Pada Artikel yang anda baca kali ini dengan tajuk A one-time portfolio manager at a top New York hedge fund has been sentenced to 18 months in prison beritamalay3.blogspot.com, kami telah menyediakan artikel ini dengan baik untuk anda baca dan ambil maklumat di dalamnya. mudah-mudahan isi postingan Artikel Artis, Artikel Info Malay, Artikel Malay News, Artikel Malay Terkini, Artikel Politik, Artikel Trending, Artikel Video, Artikel Viral, yang kami tulis ini dapat anda fahami. baiklah, selamat membaca.

Judul : A one-time portfolio manager at a top New York hedge fund has been sentenced to 18 months in prison beritamalay3.blogspot.com
link : A one-time portfolio manager at a top New York hedge fund has been sentenced to 18 months in prison beritamalay3.blogspot.com

Baca juga


A one-time portfolio manager at a top New York hedge fund has been sentenced to 18 months in prison beritamalay3.blogspot.com

fBI

Reuters

Federal Bureau of Investigation (FBI) agents interview a resident of the neighborhood where teenager Michael Brown was shot, in Ferguson, Missouri, August 16, 2014. Tensions had temporarily cooled on Thursday night but by Friday evening, protesters were again swarming through a residential and retail district in the small town outside St. Louis that has become the site of repeated clashes between protestors and police forces.

A one-time portfolio manager at a New York hedge fund that shuttered last year amid an insider trading scandal has been sentenced to 18 months in prison.

Stefan Lumiere was found guilty earlier this year of inflating bond prices in Visium Asset Management’s credit fund and hiding those losses from investors.

The sentence, which was set Wednesday, June 14, includes a $1 million fine and three years of supervised release.

Lumiere’s sentencing had been scheduled for the end of May but was rescheduled after the judge found that the government had failed to provide sufficient information. 

Lumiere is the ex-brother in law of Visium’s founder, Jake Gottlieb, a physician who founded the firm, which became known for investing in healthcare stocks.

The hedge fund attracted billions in assets, often from public pensions and endowments, even as Wall Street players distanced themselves, Business Insider previously reported. Billionaire hedge funder Steve Cohen, for instance, stopped hiring from Visium before the government’s indictment became public.

At its peak, Visium managed $8 billion, and its shuttering marked one of the most notable insider trading cases in recent years.

Sanjay Valvani, a star fund manager overseeing the firm’s flagship healthcare fund, committed suicide last year days after he was accused of insider trading. Valvani had maintained his innocence. Gottlieb hasn’t been accused of any wrongdoing.

Lumiere’s boss, Chris Plaford, pleaded guilty and cooperated with the government investigation.

NOW WATCH: THE BOTTOM LINE: Legendary investor Jim Rogers expects the worst crash in our lifetime

Please enable Javascript to watch this video

Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.



✍ Sumber Pautan : ☕ Business InsiderBusiness Insider

Kredit kepada pemilik laman asal dan sekira berminat untuk meneruskan bacaan sila klik link atau copy paste ke web server : http://ift.tt/2rsnlRH

(✿◠‿◠)✌ Mukah Pages : Pautan Viral Media Sensasi Tanpa Henti. Memuat-naik beraneka jenis artikel menarik setiap detik tanpa henti dari pelbagai sumber. Selamat membaca dan jangan lupa untuk 👍 Like & 💕 Share di media sosial anda!



Demikianlah Artikel A one-time portfolio manager at a top New York hedge fund has been sentenced to 18 months in prison beritamalay3.blogspot.com

Sekianlah artikel A one-time portfolio manager at a top New York hedge fund has been sentenced to 18 months in prison beritamalay3.blogspot.com kali ini, mudah-mudahan bisa memberi manfaat untuk anda semua. baiklah, sampai jumpa di postingan artikel lainnya.

Anda sekarang membaca artikel A one-time portfolio manager at a top New York hedge fund has been sentenced to 18 months in prison beritamalay3.blogspot.com dengan alamat link https://beritamalay3.blogspot.com/2017/06/a-one-time-portfolio-manager-at-top-new.html

Subscribe to receive free email updates:

Related Posts :