Tag Archives: Hedge Fund Managers
Citigroup Affiliates to Repay Investors $180M After SEC Investigation
On August 17, two affiliates of Citigroup agreed to pay nearly $180 million in restitution and fines to the U.S. Securities and Exchange Commission as part of a settlement arising from two now-defunct hedge funds. According to an SEC administrative order, the two funds misled thousands of investors as to their actual risks. When… Read More »
SEC, New York Charge Hedge Fund Manager With Fraud
On Feb. 13, New York officials arrested and charged Moazzam Ifzal Malik, also known as Mark Malik, with 28 felony counts arising from his operation of what federal and state officials allege is a fraudulent hedge fund. Malik is the CEO and fund manager of Wolf Hedge Investment Management, an entity the authorities claim… Read More »
