By Summer Zhen HONG KONG (Reuters) – Hedge funds focused on emerging Asia posted their biggest monthly losses in years in September and are set for the worst year since …
Losses
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Arcadia Man Charged with Securities Fraud for Stealing Client Funds and Concealing His Investment Firm’s Massive Financial Losses
by DOJ PressLOS ANGELES – A former San Gabriel Valley resident who ran Los Angeles County-based investment companies and was a frequent guest on financial television news programs was charged today …
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By Wayne Cole SYDNEY (Reuters) -Australia’s central bank on Wednesday said its equity had been wiped out by losses suffered on pandemic-era bond buying, but its ability to create money …
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By Shreyashi Sanyal and Susan Mathew (Reuters) -European equities gave up earlier gains to end lower on Thursday, with energy and technology shares declining the most, as worries about tighter …
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By Svea Herbst-Bayliss and Carolina Mandl NEW YORK (Reuters) – U.S. hedge funds that focus broadly on technology investments are bracing for heavy losses this year as gloomier economic data …
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BRUSSELS (Reuters) – European Union sanctions are severely hurting Moscow’s potential to sustain its weapons and military equipment in the war on Ukraine, the EU’s top diplomat said on Tuesday, …
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Maryland Woman Sentenced to Federal Prison for Fraud Schemes Resulting in Losses of More Than $1.4 Million
by DOJ PressBaltimore, Maryland – U.S. District Judge Richard D. Bennett sentenced Linda Pylant, age 59, of Grasonville, Maryland, today to four years in federal prison, followed by one year of home …
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Sen. Richard Burr’s ‘Well-Timed Stock Sales’ Helped Him Avoid Thousands In Losses, Unsealed Affidavit Says Gabe Kaminsky on September 7, 2022 Sen. Richard Burr’s “well-timed stock sales” prior to the …
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Poland To Demand $1.3 Trillion From Germany For Losses Suffered During WW2 Micaela Burrow on September 1, 2022 The Polish government revealed an intention to demand $1.32 trillion in compensation …
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BEIJING/SYDNEY (Reuters) – China’s three biggest airlines posted on Tuesday a combined 28.4 billion yuan ($4.12 billion) second-quarter loss, wider than in the first quarter, due to major travel disruptions …
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(Reuters) – Atlanta Federal Reserve President Raphael Bostic on Friday said Chair Jerome Powell was trying to prepare Americans for the possibility of a weaker job market as the central …
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(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) By Andrey Ostroukh MOSCOW (Reuters) – Russia’s stock market will pare some of …
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By Gertrude Chavez-Dreyfuss NEW YORK – Losses arising from cryptocurrency hacks jumped nearly 60% in the first seven months of the year to $1.9 billion, propelled by a surge in …
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By Carolina Mandl NEW YORK -Investment firm Tiger Global Management, which lost billions of dollars in this year’s technology meltdown, slashed or completely exited most of its holdings in the …
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After Several Massive Losses, Dem Support For SCOTUS Is Lower Than Ever: POLL Trevor Schakohl on August 2, 2022 The vast majority of Democrats are unhappy with the Supreme Court’s …
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Florida man sentenced to 8 years in prison for fraud scheme causing $3.5 million in losses, including more than $1 million in COVID-relief fraud
by DOJ PressCINCINNATI – A Florida man who conspired to steal identities to fraudulently obtain credit and COVID-19 relief funds was sentenced in federal court here today to 96 months in prison. …
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(Reuters) – Foreign mutual funds which have exposure to Sri Lankan equities have posted steep losses in their net asset values this year, prompting their fund managers to look for …
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By Swati Bhat and Anushka Trivedi MUMBAI -The Indian rupee rose to its highest in more than a week on Monday afternoon tracking broad losses in the dollar, while bond …
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(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW – A few dozen Russian retail investors handed in a letter to …
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FRANKFURT – Uniper will accumulate losses of 6.2 billion euros ($6.3 billion) due to reduced deliveries of Russian gas that have forced the company, which received a bailout on Friday, …
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Four Maryland Residents Facing Federal Indictment for CARES Act COVID-19 Unemployment Fraud Scheme with More Than $3 Million in Losses
by DOJ PressBaltimore, Maryland – A federal grand jury has returned an indictment charging four Maryland residents with federal conspiracy and wire fraud charges related to a CARES Act unemployment insurance fraud …
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NEW YORK – Hedge funds assets fell below $4 trillion in June, dragged down by poor performance and investors’ withdraws, data provider HFR showed on Thursday. Amid high volatile across …
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ROSEN, LEADING INVESTOR COUNSEL, Encourages Unilever PLC Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action – UL
by Your NewsNEW YORK , July 9, 2022 — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Unilever PLC (NYSE: UL) between September 2, 2020 …
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CAREDX SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against CareDx, Inc. – CDNA
by Your NewsNEW ORLEANS, July 8, 2022 — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until …
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OKTA SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Okta, Inc. – OKTA
by Your NewsNEW ORLEANS, July 8, 2022 — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until July …