| 09.11.2012 SEC accuses Commonwealth Advisors and founder of concealing $32m hedge fund losses from investors |
| Benedicte Gravrand, Opalesque Geneva - The U.S. Securities and Exchange Commission (SEC) charged a hedge fund manager with defrauding investors by hiding millions of dollars in losses suffered during the financial crisis from investments tied to residential mortgage-backed securities (RMBS). This lawsuit reportedly follows a four-year long investigation. Walter A. Morales and his firm Com |
| Article source: http://www.sec.gov/news/press/2012/2012-222.htm - Opalesque is not responsible for the content of external internet sites |