Author Archives: the HedgeCo News Team
Source Invesco to face civil charges from New York state, SEC
NEW YORK (AP) — Regulators were preparing to file civil charges Tuesday against Invesco Funds Group Inc. and its chief executive in the rapidly expanding mutual fund trading scandal. New York State Attorney General Eliot Spitzer and the Securities and […]
Zimmerman, Levi & Korsinsky, LLP Announces Class Action Lawsuit on Behalf of Shareholders in PBHG Mutual Funds
<body.content> <block> <p>NEW YORK, Dec. 2 /PRNewswire/ — The law firm of Zimmerman Levi & Korsinsky LLP has filed a class action lawsuit in the United States DistrictCourt for the Eastern District of Pennsylvania on behalf of all purchasers, redeemers […]
Invesco, CEO Charged in Mutual Fund Case
NEW YORK (AP) – Regulators charged Invesco Funds Group Inc. and its chief executive with civil fraud on Tuesday, saying the company set up a sophisticated system to recruit big-money market timersdespite complaints from its own employees that shareholders were […]
Invesco and Invesco CEO charged in mutual fund scandal
NEW YORK (AP) — Regulators charged Invesco Funds Group Inc. and its chief executive with civil fraud on Tuesday in the rapidly expanding mutual fund trading scandal. In separate filings, New York State Attorney General Eliot Spitzer and the Securities […]
Global Partners Group Expands Marketing Team With Hedge Fund Expert Larry Ortega
FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–Dec. 2, 2003–Global Partners Group (GPG), a diversified financial services firm headquartered in Fort Lauderdale, Florida, has named Larry Ortega VicePresident of Institutional Portfolio Development in its asset management division. One of the areas of specialization for […]
Source Invesco to face civil charges from New York state, SEC
NEW YORK (AP) — Regulators were preparing to file civil charges Tuesday against Invesco Funds Group Inc. and its chief executive in the rapidly expanding mutual fund trading scandal. New York State Attorney General Eliot Spitzer and the Securities and […]
Babson Forum for Entrepreneurship and Innovation to Be Held Nov. 14; Monster.com Founder Jeff Taylor to Keynote
WELLESLEY, Mass., Nov. 10 (AScribe Newswire) — The Babson Forum for Entrepreneurship and Innovation will be held Friday, Nov. 14, 2003, 8 a.m. – 3 p.m., featuring keynote speaker Jeff Taylor,Founder, Monster.com. Taylor’s address will be followed by three rounds […]
Amvescap firm caught in mutual funds scandal
A US COMPANY owned by Amvescap, the FTSE 100-listed fund manager, is expected to be charged with improper trading, the latest casualty in the mutual funds scandal. New York Attorney General Eliot Spitzer and the Securities and Exchange Commission are […]
Lies, Lies, More Damn Lies!
November 27, 2003 LIES, LIES, MORE DAMN LIES “You know our job in Washington is to tackle problems when we see them; not to pass them on to future congresses, future presidents, and future generations. I want to thank […]
PXRE Announces Public Common Share Offering
<body.content> <block> <p>HAMILTON, Bermuda, Dec. 1 /PRNewswire-FirstCall/ — PXRE Group Ltd. today announced the filing of a supplement to the prospectus contained in the shelfregistration statement with respect to a public offering of 2.2 million of its common shares. Of […]
British investors baling out of US assets
THE dollar’s drop has prompted British investors to bale out of US assets at their fastest rate since the 1998 Asian crisis. The exodus has left analysts questioning whether investors’ love affair with US assets is over. Latest data from […]
A few bad apples taint mutual fund investing
GUEST OPINION A few bad apples taint mutual fund investing By JOHN T. McCARTHY Monday, December 1, 2003 Early in his tenure as chairman of the Securities and Exchange Commission, Arthur Levitt proclaimed that “in the fullness of time, the […]