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|Ex-Visium fund manager convicted of fraud by Manhattan jury - |
A former portfolio manager at Visium Asset Management LP was convicted of securities fraud on Thursday, following a trial that stemmed from a federal investigation that led to the New York-based hedge fund's closure last year. Stefan Lumiere, whose sister was married to Visium founder Jacob Gottlieb when he worked at the hedge fund, was found guilty by a federal jury in Manhattan of conspiracy, securities fraud and wire fraud charges.
Thu, 19 Jan 2017 19:50:31 -0500
|Action News Investigation: Philadelphia students got physicals from fake doctor - |
Thu, 19 Jan 2017 19:48:20 -0500
|In Minnesota, rainy-day fund may help cover insurance hikes - ST. PAUL, Minn. (AP) — Minnesota would use state money to offset the health premium hikes for more than 100,000 residents under a measure legislators were considering Thursday, a novel approach as states across the country grapple with the rising costs and uncertain future of the Affordable Care Act. Thu, 19 Jan 2017 19:45:34 -0500|
|Ex-House speaker sues sex abuse accuser for $1.7 million - |
The filing was made in response to a breach-of-contract case the unidentified man brought last year claiming Hastert paid only about half of the $3.5 million he had privately promised as compensation for decades of pain and suffering his misconduct had caused. In Hastert's countersuit, filed on Wednesday in Kendall County Circuit Court in Illinois, he acknowledged paying $1.7 million to the accuser from 2010 and 2014 to buy his silence, but said their verbal agreement was not enforceable. Hastert also argued the plaintiff himself engaged in a breach of contract by disclosing details of the allegations he made against the former lawmaker.
Thu, 19 Jan 2017 19:44:38 -0500
|Scientists will live in a dome for 8 months to simulate Mars - |
HONOLULU (AP) — Six carefully selected scientists will spend the next eight months living inside a man-made dome on a remote Hawaii volcano as part of a human-behavior study that could help NASA as it draws up plans for sending astronauts on long missions to Mars.
Thu, 19 Jan 2017 19:39:18 -0500