Sat, 22 Oct 2016 15:37:54 -0500The federal Securities and Exchange Commission refiled a lawsuit against Ken Paxton that a judge previously dismissed, and Mr. Paxton also faces criminal charges.
Wed, 19 Oct 2016 13:04:36 -0500The billionaire investor said a new firm he opened may begin raising cash from outside investors in early 2018.
Mon, 17 Oct 2016 13:16:08 -0500The S.E.C. sued the Texas attorney general for securities fraud related to his role promoting Servergy, a tech company, but a judge rejected the agency’s claims.
Wed, 12 Oct 2016 15:24:15 -0500The 73-year-old billionaire said the S.E.C.’s insider trading charges are “totally unjustified,” and the government is wasting money prosecuting his fund.
Mon, 10 Oct 2016 22:26:13 -0500Partner Fund Management, a San Francisco hedge fund, filed the suit on Monday in Delaware, according to a letter sent to its investors.
Sat, 08 Oct 2016 19:31:00 -0500Ken Paxton has been dogged by allegations that he duped wealthy investors in a high-tech company before taking office.
Wed, 05 Oct 2016 12:31:33 -0500The issue turns on whether friendship or family relationship amounts to a benefit comparable to money that would make providing an insider tip illegal.
Tue, 04 Oct 2016 15:53:19 -0500The government’s campaign against insider trading has been tortuous with mixed and murky results.
Mon, 03 Oct 2016 12:38:42 -0500The hedge fund may encounter collateral consequences and reputational damage after settling charges of violating the Foreign Corrupt Practices Act.
Sun, 02 Oct 2016 12:54:57 -0500The Securities and Exchange Commission accused Sam Wyly and his brother in 2010 of hiding trades in companies they controlled using offshore trusts.