Arthur Samberg, the founder of Pequot Capital Management Inc., and Mario Gabelli, chairman of Gamco Investors Inc., pledged a combined $40 million to Columbia Business School to help fund a new campus.
Pequot Capital Management Inc. and the hedge-fund firm’s founder, Arthur Samberg , will pay almost $28 million to settle regulatory claims they illegally tapped information from a Microsoft Corp. employee to bet on the software maker’s stock in 2001.
Glencore Xstrata Plc, the world’s biggest exporter of power station coal, named former Morgan Stanley Chief Executive Officer John Mack among three new board members to replace departed directors from Xstrata Plc.
The U.S. Securities and Exchange Commission will pay the ex-wife of a former Microsoft Corp. employee $1 million for helping the agency successfully sue Arthur Samberg ’s Pequot Capital Management for insider trading.
The U.S. Securities and Exchange Commission said it sued Connecticut-based hedge fund manager Pequot Capital Management Inc., and its Chairman and Chief Executive Officer Arthur Samberg for insider trading in Microsoft Corp. securities.
The ex-wife of a former Microsoft Corp. employee could be eligible for a $1 million bounty for helping U.S. regulators impose one of the largest-ever insider trading fines against Arthur Samberg’s Pequot Capital Management Inc.
Lenders could lose $168 billion if banks sell loans into the Public-Private Investment Partnership at market prices instead of their balance-sheet valuation, Jamie McGee and Margaret Chadbourn of Bloomberg News report, citing estimates in regulatory filings.