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

How to find the best gasfiter in Santiago
Monday, 10 Dec 2018

Tips on how to Win Lotteries - Secrets To Picking The Winning Lottery Numbers
Monday, 10 Dec 2018

silkroad private server
Monday, 10 Dec 2018

6 Very best Online Games It is best to Play Now
Sunday, 9 Dec 2018

Draft Beer - What Variety of Bars Serve Draft Beer?
Sunday, 9 Dec 2018

Related Events

SPE International Heavy Oil Conference and Exhibition.
Monday, 10 Dec 2018

Cold Chain Distribution
Monday, 10 Dec 2018

Palo Alto Networks: Dell Technologies Forum 2018
Monday, 10 Dec 2018

SIAL Middle East 2018
Monday, 10 Dec 2018

Palo Alto Networks: SKO ON THE ROAD: CCA
Monday, 10 Dec 2018

Latest News

How to find the best gasfiter in Santiago
Monday, 10 Dec 2018

Tips on how to Win Lotteries - Secrets To Picking The Winning Lottery Numbers
Monday, 10 Dec 2018

silkroad private server
Monday, 10 Dec 2018

6 Very best Online Games It is best to Play Now
Sunday, 9 Dec 2018

Draft Beer - What Variety of Bars Serve Draft Beer?
Sunday, 9 Dec 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 Monday, 10 December 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
  • Antibody Engineering and Therapeutics
  • XLIVE 2018 Event Tech Conference in Las Vegas - December 9th-12th
  • Mayo Clinic Women's Imaging Review Course
  • SPE International Heavy Oil Conference and Exhibition.
  • Intensive Care Society State of the Art Conference (SOA), London 2018

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