A West Palm Beach-based hedge fund and its founder were charged Monday with fraudulently shifting money from one investment to another without informing investors in a $17 million fraud.
Weston Capital Asset Management LLC and its founder and president, Albert Hallac, were accused by the Securities and Exchange Commission of shifting the money to an investment firm known as Swartz IP Services Group Inc.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
