Chestnut Hill, MA – Armed with insider knowledge, managers of share-restricted hedge funds sell off their own holdings ahead of their investors in order to avoid low returns produced by an outflow of shareholder dollars, according to a new study by researchers from Boston College and EDHEC Business School in France.
WASHINGTON – The Justice Department secured more than $3 billion in settlements and judgments in civil cases involving fraud against the government in the fiscal year ending Sept. 30, 2011, Tony West, Assistant Attorney General for the Civil Division, announced today. This is the second year in a row that the department has surpassed $3 […]
NORFOLK, VA—Mohamud Hirs Issa Ali, a/k/a Sanadaaq, 32, and Jilani Abdiali, a/k/a Ilkasse, 20, both of Somalia, were sentenced today in Norfolk federal court to life in prison for their acts of piracy against theS/V Quest, which resulted in the murder of United States citizens Scott Underwood Adam, Jean Savage Adam, Phyllis Patricia Macay, and […]
DALLAS – Agents with U.S. Immigration and Customs Enforcement's (ICE) Homeland Security Investigations (HSI) arrested Chicago Bears football player Samuel George Hurd III, 26, of Lake Forest, Ill., Wednesday night on a criminal complaint charging conspiracy to distribute cocaine.