SEC subpoenas hedge funds in stock manipulation probe

Fri Jul 18, 2008

The U.S. Securities and Exchange Commission sent subpoenas to more than 50 banks and hedge funds this week, requesting emails and trading records in a probe to uncover suspected manipulation of the shares of Bear Stearns and Lehman Brothers.

The probe followed an article by Bryan Burrough in Vanity Fair in which he...

ISSN: 2151-1845 / CDC10004H

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