Durus Capital’s Sacane pays penalty to settle charges
SAN FRANCISCO (MarketWatch) -- Hedge-fund manager Scott Sacane agreed to pay a $350,000 penalty to settle a civil lawsuit, the Justice Department said Monday.

SAN FRANCISCO (MarketWatch) -- Hedge-fund manager Scott Sacane agreed to pay a $350,000 penalty to settle a civil lawsuit, the Justice Department said Monday.
A Connecticut hedge fund manager has agreed to pay $350,000 to settle charges that he violated pre-merger reporting requirements in acquiring substantial stakes in two companies, the U.S. Department of Justice said on Monday.
A Connecticut hedge fund manager has agreed to pay a $350,000 civil penalty to settle charges that he violated premerger reporting requirements, the Department of Justice announced today.
Excellence Nessuah has announced that it is setting up a hedge fund to specialize in emerging markets. The fund is primarily aimed at foreign institutions. It will be managed from Israel, and carry out investments overseas for foreign investors.
Steve Feinberg's Cerberus, a vast hedge fund that's snapping up companies -- lots of them
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