Article: ‘I regret any harm:’ Short seller compensates target in rare move

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‘I regret any harm:’ Short seller compensates target in rare move

Lawrence Delevingne, 22 June 2021

BOSTON, June 21 (Reuters) – A small Texas investor who caused shares of a real estate investment trust to plunge 39 percent in a day has agreed to pay the company restitution to settle a lawsuit against him, a rare development that could embolden other companies to pursue such claims.

Quinton Mathews, who published his research on companies online under the pseudonym Rota Fortunae, will pay Farmland Partners Inc (FPI.N) “a multiple” of the profits on his short bet in 2018, according to the terms of the legal settlement announced late Sunday. His research had helped wipe as much as $115 million off Farmland’s market value. Continue reading “Article: ‘I regret any harm:’ Short seller compensates target in rare move”

Article: Russian Whistleblower Assassinated After Uncovering $200 Billion Dirty-Money Scandal

Article - Media, Publications

Russian Whistleblower Assassinated After Uncovering $200 Billion Dirty-Money Scandal

Nico Hines, 10 October 2018

A crusading Russian official traveled to Estonia in the summer of 2006 to warn the authorities that an unprecedented money-laundering scheme had been established in the tiny Baltic financial sector. The scam he had uncovered would go on to become the biggest dirty-money operation in history: the $200 billion Danske Bank scandal.

Three months after Andrei Kozlov, the first deputy chairman of the Russian Central Bank, tried to raise the alarm, he was dead. Continue reading “Article: Russian Whistleblower Assassinated After Uncovering $200 Billion Dirty-Money Scandal”

Article: Steve Cohen Fights Back Against Claims Of Insider Trading

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Steve Cohen Fights Back Against Claims Of Insider Trading

JIM ZARROLI, 23 July 2013

From NPR News, this is ALL THINGS CONSIDERED. I’m Melissa Block. Billionaire Steven Cohen is fighting back. He faces federal charges that he didn’t do enough to prevent insider trading at his hedge fund SAC Capital.

As The Wall Street Journal reported this morning, Cohen’s firm issued a rebuttal, claiming that he never saw an email that’s an important part of the government’s case. Here’s NPR’s Jim Zarroli. Continue reading “Article: Steve Cohen Fights Back Against Claims Of Insider Trading”