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SEC, Ex-Chicago Hedge Fund Ink $5.8M Deal In Fraud Suit

By Celeste Bott ( June 24, 2025, 7:33 PM EDT) -- The U.S. Securities and Exchange Commission has settled with a now-defunct Chicago investment firm in its lawsuit accusing the firm of mismanaging $1 billion in assets, ahead of a trial, with the firm and its co-defendants agreeing to fork over more than $5.8 million collectively....

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