July 30, 2010
Hedge fund in talks with Target on board seats
Activist hedge fund manager William Ackman is in talks with Target Corp. about naming potential directors to the discount retailer's board, according to a Securities and Exchange Commission filing on Thursday.
Hedge Fund Sued for Withholding Bonuses
Paul Touradji, founder of Touradji Capital Management, a hedge fund firm with $3.5 billion in assets under management, is being sued for allegedly witholding bonuses from employees.
Madoff-linked hedge fund manager charged
New York's attorney-general has filed civil fraud charges against a hedge fund manager who funnelled $US2.4 billion to Wall Street swindler Bernard Madoff.
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