Press Releases
 
Rogue Investor spread fake news about Gad Grieve

, 21 September 2018 -- Rogue Investor spread fake news about Gad Grieve

As investment bankers mark the tenth anniversary of Lehman Bank’s collapse, revelations surface about how investors took desperate measures to pin blame of falling markets, on hedge fund managers.

One report has come to light about how former option trader Gad Grieve was felled by a single rogue investor. When market conditions soured and illiquidity dried up, Grieve invoked a lock-up provision in his fund Finvest Primer’s term agreement. This effectively froze the ability for investors to redeem funds, until market conditions returned to normal.

Sources say that the rogue investor refused to take no for an answer and tried to short circuit the system, by submitting fictitious and fake reports to the SEC. The investor who has not been identified had hoped that Grieve would buckle and permit the investor to redeem his investment.

Independent Wall Street traders who worked with Gad Grieve, say that the rogue investor shot himself in the fund. Ultimately, the SEC filed a civil action against Grieve accusing him of falsifying accounts. The papers were never served on Grieve and a default judgement was taken against him ex-parte.

Gad Grieve could not be contacted for this article, but people in the know, say that he has no plans to return to Wall Street.

In 2008, billions of dollars were wiped off the stock exchange as liquidity dried up after Lehman and other banks failed. For more visit https://www.firmenpresse.de/pressrelease581041/former-hedge-fund-manager-gad-grieve-torpedoed-by-rogue-investor.html

# # #


Submitted by Kyle Crum on Friday, 21 September 2018 at 12:37 AM
Category: Business
 
Related News

EPIC RESEARCH : - Daily Equity Report Of 24 OCTOBER 2018
Wednesday, 24 Oct 2018

Online Product Reviews on Latest Digital Gizmos, Widgets and Gadgets
Wednesday, 24 Oct 2018

Epic Research Daily Agri Commodity Report Of 24 October 2018
Wednesday, 24 Oct 2018

Free Dating Site In USA Are The Solution For Singles To Meet Each Other Online
Wednesday, 24 Oct 2018

Safetyone Ingegneria Srl Ensures Health and Safety at Construction Sites
Wednesday, 24 Oct 2018

Related Events

Automotive And Vehicle Cost Engineering 2018 | Detroit, Conference
Tuesday, 23 Oct 2018

8th FinTech Innovation Forum & Insurtech Asia
Tuesday, 23 Oct 2018

LEAP HR: Manufacturing
Tuesday, 23 Oct 2018

Leaders in Logistics: Post & Parcel APAC conference
Tuesday, 23 Oct 2018

Automotive Testing Expo USA 2018
Tuesday, 23 Oct 2018

Latest News

Esquire Moving and Storage Service Company Now Offering Cheaper Long-Distance Moving Services
Wednesday, 24 Oct 2018

EPIC RESEARCH : - Daily Equity Report Of 24 OCTOBER 2018
Wednesday, 24 Oct 2018

Online Product Reviews on Latest Digital Gizmos, Widgets and Gadgets
Wednesday, 24 Oct 2018

Epic Research Daily Agri Commodity Report Of 24 October 2018
Wednesday, 24 Oct 2018

Free Dating Site In USA Are The Solution For Singles To Meet Each Other Online
Wednesday, 24 Oct 2018

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2018
Today is Wednesday, 24 October 2018

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • Automotive And Vehicle Cost Engineering 2018 | Detroit, Conference
  • Targeted Protein Degradation Summit
  • Global Regulatory Affairs Summit
  • eyeforpharma Patient Summit USA
  • Cloud Security Summit

  • Latest Jobs
    Sorry, there are currently no entries posted here.