In the week ending 23 September, 2016, on the legal scene; the SEC has charged Leon Cooperman of insider trading in connection with Atlas Pipeline; Cooperman told his investors that he refuses to settle the insider trading charges against him and Omega Advisors.
The law firm Sadis & Goldberg LLP said that the SEC's Cooperman insider trading case is very similar to the Cuban case, since it relies on a "he-said, she-said" claim of an oral promise not to trade. Whether an adverse inference applies due to Mr.Cooperman taking the Fifth in SEC testimony may determine the outcome of the case
This is one of the few emails I get and read at home. Given that most emails I get, I don't even read (at home, or the office) this is a high hurdle you have achieved. Kudos. Keep up the good work."
John Brynjolfsson, Co-Founder and CIO, Armored Wolf LLC
Opalesque changed the world by bringing transparency where there was opacity and by delivering an accurate professional reporting service.
Nigel Blanchard, Culross
“I am an Opalesque user and find the insights offered therein invaluable in assessing the landscape of our industry and determining our own business strategy and plan of attack.”
Daniel Loeb, Third Point
"I am an Opalesque subscriber, and I find it uniquely focussed and thorough in meeting our need to keep abreast quickly of important developments in the hedge fund industry."
Izzy Englander, Millennium Partners
“I find Opalesque’s daily summaries of all the hedge fund related news exceptionally helpful.”
Cliff Asness, AQR
“Opalesque is a very useful addition to my research”
CEO of CQS, London