A Washington-based advocacy group is accusing hedge fund managers of using "government processes" to benefit their firms' investments, Yahoo! Finance's Michael Santoli reported. The group Citizens for Responsibility and Ethics in Washin...Show More Summary
Bill Ackman will debate a guy...for a million dollars; Tim Cook plans to give away all his money; "McDonald's Is Shilling Big Mac Clothing"; and more.
Billionaire hedge fund manager Bill Ackman told Vanity Fair contributing editor William Cohan that he'd give $1 million to NYU if famed Wall Street lawyer Marty Lipton would debate him on the topic of activist investing. Lipton — a legendary...Show More Summary
In a new filing with the US Securities and Exchange Commission, activist investor Bill Ackman‘s Pershing Square disclosed a significant long position in Valeant Pharmaceuticals Intl Inc (NYSE:VRX). According to the 13D filing, Pershing owns 19.47 million shares of the pharmaceutical company, which represent 5.7% of its outstanding common stock. Show More Summary
Recent legal victories for the company don't mean jack in Ackman's courtroom.
It looks like hedge fund manager Bill Ackman, the CEO of $19 billion Pershing Square, is back in the red on his infamous Herbalife short. Shares of multi-level marketer Herbalife are ripping. The stock was last trading up $6.20, or 14.73%, at around $48.30. Show More Summary
If you've ever wanted to run your ideas by one of the world's leading market investors, now's your chance. A panel of all-star judges – including Bill Ackman, David Einhorn, Joel Greenblatt, Seth Klarman, and Michael price – will once...Show More Summary
SEC chair Mary Jo White called out activist investor Bill Ackman, the CEO of Pershing Square Capital, during a speech at Tulane's Corporate Law Institute in New Orleans this week. Without actually naming names, White referenced the Pershing...Show More Summary
(Reuters) - A Los Angeles court's recent dismissal of a lawsuit against Herbalife Ltd did not "exonerate or bless Herbalife's business practices," Bill Ackman's Pershing Square said in a statement on Friday. "Despite Herbalife's misleading...Show More Summary
Bill Ackman — who may or may not have manipulated some stocks — is confident that the “truth will prevail” as it relates to Fannie and Freddie, and the truth will supposedly show that the government is engaged in an unconstitutional confiscation of money that rightfully belong to shareholders. Show More Summary
Bill Ackman likes Duke and Kentucky for the final, Paul Tudor Jones favors Virginia and Arizona. Meanwhile, will Vikram Pandit show all those Citi execs who never believed in him with Gonzaga (2) v Kentucky (1)?
Hedge fund manager Bill Ackman has little to fear from a government investigation into Herbalife stock manipulation, say legal experts — at least based on what has been reported about the investigation so far. To hold Ackman liable for...Show More Summary
The $1 billion short of Herbalife by hedge fund manager Bill Ackman is under renewed scrutiny. Last week, The Wall Street Journal reported that the FBI and the US Attorney's office in Manhattan have been interviewing people tied to Ackman. Show More Summary
Herbalife Ltd. stock surged after a federal judge dismissed a shareholder lawsuit that had included many of the allegations that activist investor Bill Ackman has hurled at the company for more than two years.
The federal probe into alleged market manipulation of Herbalife stock by Bill Ackman took a dramatic turn on Tuesday with a report that at least one person has been subpoenaed to appear before a federal grand jury, indicating that the investigation may lead to criminal charges. Investigators working for the FBI and Manhattan U.S. Show More Summary
Bill Ackman's bet against Herbalife takes an interesting turn.
By sweetening its offer for Salix, the acquisitive drugmaker now backed by hedgie Bill Ackman put rival suitor Endo on the mat. The extra cash and a balance sheet reeling from the Allergan deal leave the business model looking wobbly. Valeant may have just rung its own bell too.
Investor Bill Ackman, whose firm is the target of a government probe into possible manipulation of Herbalife stock, said no one from his office had been questioned or subpoenaed as part of the investigation. ||| BILLIONAIRE investorShow More Summary
Billionaire investor Bill Ackman's more than two-year campaign against Herbalife Ltd. hit a bump with his disclosure that federal investigators probing possible manipulation of the Los Angeles company's stock had subpoenaed a firm he had retained.
By Sruthi Ramakrishnan (Reuters) - Billionaire investor Bill Ackman said some people hired by a consulting group working for his hedge fund had received subpoenas from federal agencies investigating possible manipulation of Herbalife Ltd's stock. Show More Summary