Illiquid Securities - Securities l Corporate l Business Law

Hedge Fund Manager Lonny Bernath Charged with Fraud

On October 13, 2015, the Securities and Exchange Commission (SEC) charged a hedge fund manager from Charlotte, Lonny Bernath, with defrauding investors in three hedge funds over several years. The SEC filed a complaint stating that between at least… Read More

Lee Dana Weiss Charged with Self-Dealing and Failure to Disclose

The Securities and Exchange Commission (SEC) announced on September 29, 2015 fraud charges against a registered investment adviser and its owner for allegedly participating in self-dealing and failing to communicate material facts to clients about conflicts of interest, use of… Read More