On the SEC's website we learn that the Securities and Exchange Commission announced the U.S. Attorney for the District of Massachusetts has charged Andrey C. Hicks of Boston, Mass., in a criminal complaint unsealed on Friday, October 28, 2011. Hicks was charged with committing wire fraud, attempting to commit wire fraud, and aiding and abetting wire fraud, […]

Soreide Law Group, PLLC, has announced it's investigation into the Goldman Sachs Global Alpha Fund which was recently closed.  According a New York Times article, Global Alpha was started in 1995 with just $10 million. Over time the results soared. At its peak in 2007, Global Alpha ran about $12 billion, although that number had dwindled to about […]

Sanford C. Bernstein & Co., LLC, through its investment manager, Alliance Capital Management, LP, sold a proprietary hedge fund, called the Multi-Strategy Fixed Income Hedge Fund. The Multi-Strategy Fixed Income Fund was sold by Sanford C. Bernstein & Co., LLC as an alternative to traditional fixed income. Sanford Bernstein stressed that the Multi-strategy Fund would […]