Summary
NEW YORK (Reuters) - , one of the hedge funds raided by U.S. agents last November in a broad investigation into insider trading, told investors it would begin the process of winding down.
The New York and Connecticut-based hedge fund, which managed roughly $3 billion as of December, said in a letter to investors on Friday [Feb. 11] that it would liquidate the funds and return its cash to investors.See the full content of this document
Extract
Raided Hedge Fund Level Global to Shut Down
"The government has commenced what may be a lengthy inquiry with no set timeline. T...
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