% | $
Quotes you view appear here for quick access.

阿卡迪亞 Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • bigbuffbifff bigbuffbifff Dec 16, 2011 11:08 AM Flag

    Nadaq investigating trading action

    FBI raids JANA Partners SAN FRANCISCO (MarketWatch) — The Federal Bureau of Investigation raided three hedge-fund firms Monday as part of a wider probe into potential insider trading in the financial-services industry.

    Search warrants were executed on Diamondback Capital Management LLC, Level Global Investors LP and Loch Capital Management LLC, according to a person familiar with the situation.

    The raids come amid a massive government investigation into potential insider trading at hedge-fund firms, mutual funds and investment banks.

    The Wall Street Journal reported this weekend that federal authorities are preparing insider-trading charges that could ensnare consultants, investment bankers, hedge-fund and mutual-fund traders. A spokesman from the Justice Department didn’t return an email and phone call seeking comment Monday.

    Firms that are involved in aspects of the investigation include Goldman Sachs Group Inc. GS +0.81% , Ziff Brothers, Jana Partners, TPG-Axon Capital Management, Jennison Associates, part of Prudential Financial PRU +0.77% , UBS AG’s UBS -0.90% UBS Financial Services Inc. and Deutsche Bank AG DB -0.39% , according to the Journal.

    SortNewest  |  Oldest  |  Most Replied Expand all replies