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| Hedge fund short Cineworld sees stock plummet amid Coronavirus concerns
Cineworld, the London-listed cinema group heavily shorted by a number of hedge funds, saw its share price tumble on Thursday amid the continued market sell-off on the back of the coronavirus outbreak. |
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| SEC halts fraudulent offering by Florida investment adviser | | Thu | 12 Mar 2020, 11:33 | | The Securities and Exchange Commission (SEC) has obtained an asset freeze and other emergency relief against Florida-based investment adviser Kinetic Investment Group and its managing member, Michael Scott Williams, in connection with an alleged fraudulent, unregistered securities offering that raised approximately USD39 million from at least 30 investors located mostly in Florida and Puerto Rico. |
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