📄 Extracted Text (501 words)
-KromtrT17--
VVOM is sate
5,000 on Frida OD
y Mr. Demby, wa WRODYS!" Sala OUT to 011111el
on Mobil Corp. bo lking to OT
"You buy when ardwalk in Atlantic ward the their homes anytimeTOso ITIOOOMOS
as sea gulls cooe Ci ty, NJ., said. on," he
d overhead. — Jonathan
contributed to th Cheng d
is article. PI
IAL BRIEFING BOOK at
: AUG. 5 fa
gr
ton
Winces tipped
three associates
who traded on the
confidential
information. They
also have agreed agr
to settle the charg lint
es,
Mr. DeCinces, a on spe
etime altstar
who Played for the Ba
Orioles and the Ca ltimore day
lifornia Angels.
wasn't immediatel $2.:
y avaiable for
comment. It
Nathatie Tadena six
the
• HEDGE FEND
S
Fortress Loss
Widens
Fortress Investmen
t Group Al1
Lies second-quart
er
on a douNedigit de loss widened
cline in
revenue, in what dro
the
and hedge-fund ma Private-Kolb/ late
nager admitted
were disappointing non
res
-Our earnings tod ults yieL
ay
off expectations, bu were just Mac
t further off
what we expect fro gag(
m ourseNes:
Chief Executive Da M
niel Mudd said
Fortress posted a low
second-
quarter loss of 59 have
45
compared with a ye million the ti
ar-
of $924 maim On earlier loss weak
a per-sha
eye Baseball playe • - -
ba sis . the loss fell to 56 ce re the sr
r Doug DeCinces, sh from 57 cents as av nts quart
Imore Orioles, wa ow era
s charged by the SE n here in of shares outstandin ge number than
F $2.5 million to settle C with insider g increased.
the charges. Distributable earni origin
ngs,
exclude certain expe which "In
Al player Doug nses and the
t others with
plans to acquire Adva effec
nced Medical los ts of unrealized gains and
this 11
Optics Inc. ses on illiquid inves month
Id of a buyout tments, fell
Mr. DeCinces alleged to 9 cents from 14 nomic
odes ly received ce nts
confidential inform Fortress Macho Fu . 2009,
I pay $2.5 ati nd Ltd
acquisition from an on about the Posted a 5.4% net de Freddi
t charges, employee at cline in the
Advanced Medical second quarter. wh The
'SEC's and ile Drawbridge
at least 83,700 share purchased Global Macro Fund
Ltd. and
and fie
* US District s
brokerage accounts, in several Fortress Commod
ities Fund LP. loans (
V District of W
merger was publicly hen the recorded losses of
6% and 6.4% mortgar
tes and his announced on res
Jan 12. 2009, Mc. pectively. The funds On I
re than $17 DeCin
of his shares for $1.2 ces sold all between 41% and 5.7 were down Nothaft
ks when million in through July. But % thi s ye ar
profit. Its cations
announced
The complaint also all held up with a 3% Asian fund ke t is fi
eges Mr. ga in In the first
seven months. The
r Amy Or
EFTA01118546
ℹ️ Document Details
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302a5beefbb1a67e3294d49ee72edb86c4093734b88142145d46fbed05f9fc62
Bates Number
EFTA01118546
Dataset
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Document Type
document
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1