USA v. Nordlicht et al

  1. January 09, 2023

    Feds Say Platinum Partners Exec's Conviction Should Stand

    Prosecutors said Platinum Partners executive Mark Nordlicht is not owed a new securities fraud trial after the retrying of a codefendant purportedly revealed new evidence, telling a federal court Monday nothing has changed for Nordlicht.

  2. October 31, 2022

    Feds Fight To Affirm Ex-Platinum Exec's Fraud Conviction

    Brooklyn federal prosecutors have pushed back on a former Platinum Partners portfolio manager's bid to overturn his criminal conviction, saying they presented more than enough evidence that he aided a scheme to defraud bondholders of a Texas oil and gas company.

  3. September 27, 2022

    Ex-Platinum Exec Seeks Acquittal For Bond Fraud Conviction

    A former Platinum Partners portfolio manager urged a New York federal judge to strike a jury conviction that found him guilty of participating in a $70 million scheme to defraud Texas oil and gas company bondholders, saying federal prosecutors failed to present sufficient proof backing their accusations.

  4. August 12, 2022

    Ex-Platinum Exec Convicted In Bond Fraud Trial

    A New York federal jury on Friday convicted former Platinum Partners portfolio manager Daniel Small of participating in a complex scheme to defraud bondholders of a Texas oil and gas company, which prosecutors say steered $70 million in equity back to the hedge fund.

  5. August 10, 2022

    Platinum Exec Rips 'Evil' Case, Feds Say He's Key Player

    Prosecutors on Wednesday told a Brooklyn federal jury that a former Platinum Partners portfolio manager was the "linchpin" in a $70 million bond fraud scheme, while defense counsel denounced the "evil" case and said there's no evidence showing any intent to commit a crime.

  6. August 09, 2022

    Platinum Exec Says Feds Failed To Link Him To Bond Fraud

    An attorney for Daniel Small on Tuesday urged a New York federal judge to acquit the former Platinum Partners executive of securities fraud and conspiracy charges, saying the government failed to implicate him in any sort of ploy to defraud bondholders in a Platinum-controlled oil and gas company.

  7. August 08, 2022

    Platinum Bond Fraud Trial Nears End As Both Sides Rest

    The trial of former Platinum Partners managing director and portfolio manager Daniel Small is headed to closing arguments after both prosecutors and the defense on Monday rested in the case accusing the former hedge fund executive of defrauding bondholders in a Platinum-controlled oil and gas company.

  8. August 05, 2022

    Fund Exec Upbraided After Describing Black Elk Bond Losses

    A hedge fund portfolio manager and trader on Friday told a New York federal jury in the Platinum Partners bond fraud trial how his company lost $7.7 million from its stake in notes of Platinum-controlled Black Elk Energy Offshore Operations LLC, but he was challenged on cross-examination over allegedly inconsistent testimony.

  9. August 04, 2022

    Platinum Trial Judge Casts Doubt On Exec's Criminal Intent

    The bond fraud prosecution of former Platinum Partners managing director Daniel Small pressed ahead Thursday, despite the apparently skeptical take on the case by a New York federal judge who questioned whether the ex-hedge fund executive actually had criminal intent.

  10. August 01, 2022

    Bond Fraud Trial Begins For Yet Another Ex-Platinum Exec

    A federal prosecutor on Monday told a Brooklyn federal jury of how former Platinum Partners portfolio manager Daniel Small and others defrauded oil and gas company Black Elk Offshore Operations LLC bondholders by fixing a vote on a change to the bonds' indenture that diverted $70 million to Platinum, as the latest trial over alleged malfeasance at the hedge fund began.

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