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Number Ten Cocks posted:The firm doesn't have much of its own money, though, its assets are mostly owned by investors who are blameless and who pay management fees. They can only actually recover personal assets from those who knew and participated in the fraud whatever limited capital the firm itself retains without paying out to employees for business liquidity/cash flow purposes. I thought Axe was limited to managing only his own funds rather than taking on investor funds from a previous settlement?
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# ¿ May 6, 2017 05:37 |
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# ¿ May 17, 2024 22:47 |