Try our Advanced Search for more refined results
USA v. Nordlicht et al
Case Number:
1:16-cr-00640
Court:
Nature of Suit:
Judge:
Firms
-
July 31, 2019
2 Ex-Execs Want Platinum Bond Fraud Convictions Flipped
Two former Platinum Partners executives have asked a New York federal court to overturn their convictions for fraud and conspiracy to defraud investors in what the government called the "Black Elk bond scheme."
-
July 24, 2019
2 More Trials On Deck Over Alleged Platinum Bond Fraud
A New York federal judge on Wednesday set two separate trial dates for a former Platinum Partners portfolio manager and the ex-CEO of Black Elk Offshore Operations LLC, both of whom are charged with defrauding third-party bondholders of the defunct oil and gas company.
-
July 10, 2019
Platinum Execs' Fate Lies With Judge After Mixed Verdict
Brooklyn federal prosecutors failed to convict top Platinum Partners executives on what they once described as "one of the largest and most brazen investment frauds perpetrated on the investing public," and the charges they convicted on are now in the hands of a skeptical judge — a far cry from the case's headline-grabbing origins.
-
July 09, 2019
2 Former Platinum Execs Convicted Of Fraud, Ex-CFO Walks
A New York federal jury convicted two former top executives of Platinum Partners of fraud and conspiracy Tuesday, but acquitted the defunct hedge fund's ex-chief financial officer of charges stemming from a purported scheme to defraud investors in Platinum's flagship fund.
-
June 28, 2019
Ex-Platinum CFO Cites Scant Evidence In Acquittal Bid
An attorney for former Platinum Partners Chief Financial Officer Joseph SanFilippo on Friday told a New York federal jury that prosecutors failed to call a single witness or produce any documents that show he was part of a scheme to defraud investors in the hedge fund management company.
-
June 27, 2019
Platinum CIO Says No Evidence Of Misdeeds In 'Bogus' Case
Former Platinum Partners co-chief investment officer David Levy's attorney told a New York federal jury on Thursday in the securities fraud trial of the hedge fund manager's top executives that prosecutors' case is "bogus and flawed to the core," citing a lack of evidence that Levy engaged in any wrongdoing.
-
June 26, 2019
Feds Are Full Of Lies, Platinum Boss Tells Jury
An attorney for Platinum Partners co-founder Mark Nordlicht on Wednesday sought to turn the tables on prosecutors in closing arguments, accusing the government of peddling more lies at trial than top executives at the defunct hedge fund are alleged to have told to investors.
-
June 25, 2019
Platinum Execs Told Flood Of Lies To Investors, Jury Hears
A federal jury in Brooklyn on Tuesday heard of how the former top executives of Platinum Partners schemed with a dozen other co-conspirators tied to the hedge fund manager to defraud existing and prospective investors by telling lie after lie about a liquidity crisis at Platinum's flagship fund.
-
June 24, 2019
Platinum Was On The Up-And-Up, Jury Told As Defense Wraps
Counsel for former top executives of Platinum Partners on Monday rested their cases in the securities fraud trial over whether the hedge funders defrauded their investors as well as bondholders in an oil and gas company, with jurors hearing how auditors described Platinum as an aboveboard operation.
-
June 17, 2019
Platinum Judge Nixes Valuation Fraud Claims At Trial
In a blow to the government's case, the judge overseeing the Platinum Partners trial has banned prosecutors from arguing that three accused executives fraudulently overvalued the funds' illiquid assets, citing a lack of evidence.