The US Securities and Exchange Commission and Infinity Q Capital Management LLC settled an enforcement action accusing the investment adviser of engaging in a fraudulent scheme that inflated by more than $1 billion the value of assets held by two funds.
The SEC followed the June 16 lawsuit in the US District Court for the Southern District of New York, with proposed judgments with Infinity Q and Wildcat Partner Holdings LP, named a relief defendant.
Under the decrees, Infinity Q agreed it wouldn’t violate securities laws in the future and Wildcat agreed to be liable for disgorgement of $18 ...
Learn more about Bloomberg Law or Log In to keep reading:
Learn About Bloomberg Law
AI-powered legal analytics, workflow tools and premium legal & business news.
Already a subscriber?
Log in to keep reading or access research tools.