SEC Charges Hedge Fund Manager Arthur Nadel with Defrauding Investors Out of $300 Million

On January 21, 2009, the Securities and Exchange Commission (SEC) accused Arthur Nadel of Sarasota, Florida, and the two investment management companies he controls, Scoop Capital, LLC and Scoop Management, Inc., with fraud in connection with six hedge funds  for which he acted as the principal investment adviser (the Funds).  We offer details of the SEC’s complaint, including the factual background and the legal allegations.

To read the full article

Continue reading your article with a HFLR subscription.