David Evans

David Evans News

  • CFTC Opens Probe Into Fees Charged by Managed Futures Funds

    The Commodity Futures Trading Commission is investigating the high fees charged to investors in the $337 billion managed futures market.

  • Hedge Funds Should Do a Better Job of Making Their Case

    Hedge funds, once reserved for the very wealthy, are being marketed to a broadening range of investors with a sophisticated sales pitch: Because the funds’ ups and downs don’t coincide with those of stocks and bonds, adding them to a portfolio will help maintain returns while reducing nerve-racking gyrations.

  • Duke Lacrosse Players' Suit Over False Rape Claim May Proceed, Judge Says

    Three former Duke University lacrosse players, falsely accused of rape in a case that cost a district attorney his law license, can move forward with part of their claims against the former prosecutor and the city of Durham, North Carolina, a judge ruled.

  • Hot Cayman Address, 10 Needy Banks, UBS: Compliance

    Seagate Technology, the world’s largest maker of hard disk drives, is based in Scotts Valley, California. Yet the documents it files with the Securities and Exchange Commission list its address on South Church Street in George Town, the capital of the Cayman Islands, David Evans of Bloomberg News reports.

  • Smalley Teaches Pipeline Safety After Death of Daughter (Audio)

    Danny Smalley speaks with Bloomberg's David Evans about his daughter, Danielle Smalley, and the foundation which promotes pipeline safety that bears her name.

  • Sinovel, Scholastic, TCW, Dinosaurs: Intellectual Property

    Sinovel Wind Group Co., the world’s second-biggest wind-turbine maker, said American Superconductor Corp. is seeking more than 37.9 million yuan ($6 million) for software copyright violations in a claim filed at the Beijing First People’s Court.

  • Charities Deceive Donors Unaware Money Goes to a Telemarketer

    Carol Patterson was waiting for a call from her doctor. When the phone rang on that afternoon in August 2011 at her home in Cortland, Ohio, it wasn’t a physician on the other end. A woman named Robin said she was representing the American Diabetes Association.

  • Koch Brothers Flout Law Getting Richer With Secret Iran Sales

    In May 2008, a unit of Koch Industries Inc., one of the world’s largest privately held companies, sent Ludmila Egorova-Farines, its newly hired compliance officer and ethics manager, to investigate the management of a subsidiary in Arles in southern France. In less than a week, she discovered that the company had paid bribes to win contracts.

  • Tobacco Taxation May Provide Extra Source of Health-Care Funds

    Raising taxes on tobacco and alcohol and introducing a levy on foreign exchange transactions could help pay for health-care for millions of people worldwide who can’t get or afford it, the World Health Organization said.

  • Ex-Duke Lacrosse Players End Lawsuit Against School

    Thirty-eight former Duke University lacrosse players ended a 2008 lawsuit alleging that the institution lent its credibility to rape allegations against three other team members who were later vindicated.

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