Hedge Fund Focus

SEC Wins Major Hedge Fund Fraud Case Against Michael Lauer, Head of Lancer Management Group
The Securities and Exchange Commission announced that a district court judge today granted its motion for summary judgment against the architect of a massive billion-dollar hedge fund fraud. Michael Lauer of Greenwich, Conn., was found liable for violating the anti-fraud provisions [...]

United Kingdom Court of Appeal Upholds SEC Asset Freeze Order Against Defendant in SEC Case Alleging Fraud by a Hedge Fund Manager
The Commission announced that on January 28, the Supreme Court of Judicature Court of Appeal in the United Kingdom dismissed the appeal of Glenn Manterfield, a citizen of the United Kingdom, of an order [...]