USA v. Nordlicht et al
Case Number:
1:16-cr-00640
Court:
Nature of Suit:
Judge:
Firms
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April 24, 2019
Ex-Platinum CFO Says Investors Knew Of Fund's Cash Woes
An attorney for the former chief financial officer of a Platinum Partners fund told a New York federal jury his client did not defraud investors, saying they were told of the liquidity problems that led to the downfall of the now defunct $1 billion hedge fund manager.
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April 23, 2019
'Deception And Greed' Drove Platinum Fraud, Jury Hears
A New York federal jury on Tuesday heard opening arguments in the long-awaited fraud trial of former Platinum Partners executives accused of conning the now defunct $1 billion hedge fund's investors, with a prosecutor saying the case boils down to "deception and greed."
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April 02, 2019
Platinum Founder Adds Ex-Prosecutor As Fraud Trial Nears
Platinum Partners founder Mark Nordlicht has added a former prosecutor to his defense team less than two weeks before a jury is set to be picked for his $2 billion fraud trial in Brooklyn federal court.
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February 26, 2019
Platinum Trial Delayed At The Last Minute Over 'Medical Issue'
The trial of four men accused of committing fraud at hedge fund manager Platinum Partners was delayed over a "medical issue" on Tuesday as opening arguments were scheduled to begin.
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February 15, 2019
Sprawling $1B Platinum Case Finally Going To Trial
The $1 billion fraud case against four insiders at failed hedge fund manager Platinum Partners is going to trial in Brooklyn on Tuesday, setting up a courtroom showdown two years in the making.
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February 11, 2019
Platinum Exec Can't Halt Trial Over Jury Info Leak Claims
A Brooklyn federal judge has denied Platinum Partners founder Mark Nordlicht's request to put his impending fraud trial on hold while the Second Circuit reviews his claim that a prosecutor leaked grand jury information to the media.
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February 07, 2019
Platinum Exec Wants Trial Halted Pending Media Leak Review
Platinum Partners founder Mark Nordlicht asked a Brooklyn federal judge on Thursday to stop the fraud case against him from going to trial until the Second Circuit can review his latest mandamus petition that includes allegations that a prosecutor leaked grand jury information to the media.
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January 17, 2019
New Emails Suggest Gov't Leaked Platinum Probe Info: Execs
Two executives at the investment firm Platinum Partners asked a Brooklyn federal judge Thursday to reconsider his decision not to dismiss the criminal fraud case against them based on alleged prosecutorial misconduct, saying they recently obtained emails that show an assistant U.S. attorney met a reporter for drinks the day before the reporter published a story about the investigation.
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January 16, 2019
Platinum Judge Sees No Misconduct, But Raps Gov't 'Candor'
A Brooklyn federal judge on Wednesday rejected the latest request from several Platinum Partners LLP executives to dismiss a criminal fraud case against them, saying there wasn't enough proof to support the idea that prosecutors hid evidence or fabricated threats to witnesses.
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January 11, 2019
Platinum Judge 'Having 2nd Thoughts' On Barring $1B Figure
The Brooklyn federal judge overseeing the upcoming trial against several men accused of defrauding investors in the hedge fund Platinum Partners indicated Friday that he was rethinking his decision to bar prosecutors from saying investors lost $1 billion, saying he was "having second thoughts" with his ruling and that he hoped to find "middle ground."