Tag: securities fraud

Owen Li Avoids Prison For Hedge Fund Fraud

Owen Li Avoids Prison For Hedge Fund Fraud

A US District Judge has spared Owen Li, the hedge fund manager convicted of securities fraud, a prison sentence and instead sentenced him  to probation. More Lenient Sentencing that first intimated Owen Li, a New York hedge fund manager, founded […]

NFL Laser Stock Fraud Scheme Targeted Elderly

NFL Laser Stock Fraud Scheme Targeted Elderly

The U.S. Federal Bureau of Investigation announced that four suspects had been charged this week relating to a stock fraud scheme that sold shares in a sham company that purportedly had a contract to provide video technology to the National […]

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SEC Seeks More Time To Decide $602 Million SAC Settlement

The Securities and Exchange Commission has sought more time to decide whether money from a $602 million settlement with SAC Capital Advisors should go to investors. During the past decade, the SEC has distributed $100 million in settlement money in over 15 […]