SFC prosecution of Tiger Asia executives moves forward

Tue Feb 28, 2012

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Hong Kong's Securities and Futures Commission (SFC) says its prosecution of New York-based hedge fund outfit Tiger Asia Management and its executives on allegations of insider dealing and share price manipulation will now proceed apace after a ruling made by the city's appeal court justified the regulatory action.

The SFC claims that Tiger Asia, a firm that was founded in 2001 and specialises in equity investments in China, Japan and Korea, is implicated with insider dealing on the shares of...

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