15.02.2012 Shuttered UK hedge fund Pentagon Capital fined $78.6m by SEC for late trading
Bailey McCann, Opalesque New York: On Tuesday, U.S. District Judge Robert W. Sweet issued his final ruling, in favor of the Securities and Exchange Commission (SEC) on the case Securities and Exchange Commission v. Pentagon Capital Management PLC, 08-cv-3324, U.S. District Court, Southern District of New York.

In the case, the SEC claimed that Pentagon Capital Management Plc (PCM), a now clos

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