{"id":53429,"date":"2016-07-12T10:18:02","date_gmt":"2016-07-12T14:18:02","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=53429"},"modified":"2016-07-12T10:16:28","modified_gmt":"2016-07-12T14:16:28","slug":"hedge-fund-linked-to-kickback-probe-sees-shares-tumble","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2016\/hedge-fund-linked-to-kickback-probe-sees-shares-tumble.html","title":{"rendered":"Hedge Fund Linked To Kickback Probe Sees Shares Tumble"},"content":{"rendered":"<p>(New York Post) The hedge fund at the center of a municipal union kickback scheme just got kicked in the pants again.<br \/>\nPlatinum Partners, which allegedly paid a $60,000 kickback to Norman Seabrook, the then-president of the New York City Correction Officers\u2019 Benevolent Association, or COBA, saw the shares of its second-largest public holding crater by 17.3 percent on Monday, to $1.48.<\/p>\n<p>Platinum-controlled Echo Therapeutics took the hit after Nasdaq informed it following the market close on Friday that it will be delisted July 12 because it failed to meet the minimum $2.5 million stockholders\u2019 equity requirement.<\/p>\n<p><a href=\"http:\/\/nypost.com\/2016\/07\/11\/hedge-fund-linked-to-kickback-probe-sees-shares-tumble\/\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(New York Post) The hedge fund at the center of a municipal union kickback scheme just got kicked in the pants again. Platinum Partners, which allegedly paid a $60,000 kickback to Norman Seabrook, the then-president of the New York City [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-53429","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53429","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=53429"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53429\/revisions"}],"predecessor-version":[{"id":53430,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53429\/revisions\/53430"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=53429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=53429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=53429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}