{"id":63055,"date":"2018-04-02T00:09:46","date_gmt":"2018-04-02T04:09:46","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=63055"},"modified":"2018-04-04T00:09:07","modified_gmt":"2018-04-04T04:09:07","slug":"judge-axes-key-sec-claims-that-new-jersey-hedge-fund-firm-inflated-assets","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2018\/judge-axes-key-sec-claims-that-new-jersey-hedge-fund-firm-inflated-assets.html","title":{"rendered":"Judge Axes Key SEC Claims That New Jersey Hedge Fund Firm Inflated Assets"},"content":{"rendered":"<p>(Reuters) A federal judge has dismissed the central claims of a U.S. Securities and Exchange Commission lawsuit accusing a New Jersey hedge fund firm of \u201cgrossly\u201d exaggerating the value of its investments to boost fees during the global financial crisis. In a 79-page decision on Thursday, U.S. District Judge George Daniels in Manhattan found \u201cno material evidence of fraud or negligence\u201d to support SEC claims that Yorkville Advisors LLC, founder and President Mark Angelo and Chief Financial Officer Edward Schinik inflated asset values.<\/p>\n<p><a href=\"https:\/\/uk.reuters.com\/article\/us-sec-yorkvilleadvisors\/judge-axes-key-sec-claims-that-new-jersey-hedge-fund-firm-inflated-assets-idUKKBN1H61KT\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) A federal judge has dismissed the central claims of a U.S. Securities and Exchange Commission lawsuit accusing a New Jersey hedge fund firm of \u201cgrossly\u201d exaggerating the value of its investments to boost fees during the global financial crisis. [&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-63055","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/63055","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=63055"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/63055\/revisions"}],"predecessor-version":[{"id":63056,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/63055\/revisions\/63056"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=63055"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=63055"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=63055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}