Fund

Former Hedge Fund Marketing Guru Continues to Win Lavish Bonuses in Jury Decisions

by

New York — In a surprising series of decisions that has the financial industry buzzing, former marketing executive, Susan Miller, from a major hedge fund, has consistently won substantial bonus payouts post her tenure, raising eyebrows among professionals and law experts alike. These legal victories highlight a growing debate around compensation practices and agreements within the hedge fund sector. Ms. Miller, the former Chief Marketing Officer at the hedge funded renamed in this article as Titan Global, has successfully claimed extraordinary bonuses for the past three years following her departure from the firm. This situation … Read more

Jury Awards Former Marketing Director $1.4 Million in Lawsuit Over Unpaid Bonuses at Biotech Hedge Fund

by

New York – In a notable verdict, Youngjoo Rhee, a former marketing director at Santé Ventures, a hedge fund specializing in biotechnology investments, was awarded $1.4 million by a jury for unpaid bonuses linked to her instrumental role in securing a substantial investment from a pension fund. This recent ruling echoes a previous jury award of $1.5 million in September, which had faced scrutiny and criticism from the presiding federal judge for lacking substantial evidence. The claim centered around the allegation that Santé Ventures failed to deliver promised cash bonuses to Rhee, despite her successful … Read more

Parents of Crypto Exchange Founder Seek Dismissal of Fraudulent Fund Transfer Lawsuit, Citing Lack of Fiduciary Relationship

by

San Francisco, California – Joseph Bankman and Barbara Fried, parents of Sam Bankman-Fried, are seeking the dismissal of a lawsuit filed by bankrupt cryptocurrency exchange FTX. The exchange alleges that funds were fraudulently transferred and seeks to recover millions of dollars from Bankman and Fried. Bankman-Fried, less than two months after the lawsuit was filed, was found guilty on all seven charges of defrauding customers and the United States. His sentencing is expected to take place in March. Bankman and Fried, both professors at Stanford Law School, argue that Bankman had no fiduciary relationship with … Read more

Portuguese Fund Vallis Capital Partners Acquires Leading Document Management Firm Docout from EMC-B

by

MADRID, SPAIN – The EMC-B fund, managed by consulting firm Alvarez & Marsal, has announced the sale of technology consulting firm Docout to Portuguese fund Vallis Capital Partners. Docout is a leading company in the document management and business process outsourcing sector, with an annual turnover of approximately 20 million euros. Vallis Capital Partners, founded in 2010, is a venture capital fund based in Portugal with assets exceeding 200 million euros. The acquisition of Docout allows Vallis Capital Partners to expand its portfolio and strengthen its presence in the technology consulting industry. The deal was … Read more