AFC Ajax used to be heralded as a model club in the world of soccer. The team from Amsterdam helped pioneer swashbuckling “total football” of the 1970s, won three consecutive European Cups and nurtured dozens of top players over the decades. Now, Ajax is looking more like an example of how not to run a football club.
Two former <-bsp-bb-link state="{"bbHref":"bbg://securities/1087299D%20US%20Equity","_id":"0000018e-f32b-d583-afbf-f3ff08050000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Jane Street Group traders denied the firm’s allegation that they stole a confidential and “immensely valuable” proprietary trading strategy to use in their new jobs at <-bsp-bb-link state="{"bbHref":"bbg://securities/2878538Z%20US%20Equity","_id":"0000018e-f32b-d583-afbf-f3ff08050001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Millennium Management.
A small group of funds has accumulated such large short wagers in the Treasury market that they could destabilize the broader financial system during times of stress, according to the International Monetary Fund.
A trader accused of exploiting Mango Markets rules to steal $110 million from the exchange was convicted of fraud in the first US trial involving criminal charges tied to <-bsp-bb-link state="{"bbDocId":"SBND97T0G1KW","_id":"0000018e-f2f5-d583-afbf-f2fd9c280000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">cryptocurrency manipulation.
Investors’ claims that
Troutman Pepper Hamilton Sanders and Locke Lord are discussing a merger that would place the combined firm among the 30 largest by revenue, boosting the operation’s ability to compete with large rivals.
AST SpaceMobile Inc. and two of its top executives concealed information about delays in completing and launching the cellular broadband company’s first five satellites due to problems with component suppliers, an investor alleges in a proposed class action.
Paysign Inc. and investors, who alleged the company and two executives engaged in securities fraud by misrepresenting the employment of a suspended accountant, received final approval for a $3.75 million class action settlement, according to the court’s docket.
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