Inside Allianz’s $4B Structured Alpha Fund Blowup: Red Flags and Fat Fees March 14, 2022 By Neil Weinberg, Alex Wittenberg and Will Louch It’s every investor’s dream: Make money when markets go up, and when markets go down, and even when markets go...
Hacked Firms Face ‘Frankenstein’ of State-Based Cyber Notification Laws March 11, 2021 By Neil Weinberg Last summer, Katherine “Kitty” Green received some disturbing news about the computer network at Florida Gulf Coast University, where she...
Blackstone’s Lombard Could Face Legal Issue with $1B-Plus of Unsigned Policies October 28, 2019 By Neil Weinberg and Karin Matussek For nearly a decade, Lombard International sat on a secret. It began to unravel in May 2016 when a wealthy...
Kentucky Pension Plan Case Raises New Worries for Asset Managers December 3, 2018 By Neil Weinberg KKR & Co., Blackstone Group LP and their founders must face a lawsuit alleging they failed to deliver hedge fund...
Fiduciary Rule Dies as Last Court Deadline Passes June 18, 2018 By Neil Weinberg The “fiduciary rule” is officially dead. The Labor Department rule, conceived by the Obama administration, was meant to ensure that...
Fired OSHA Whistleblower Claims Investigator Turns Whistleblower July 21, 2017 By Neil Weinberg A fired U.S. whistleblower investigator says his old employer didn’t take whistleblowers seriously enough. So he’s lodging a complaint —...