Investment Schemers To Pay $4M Penalties In SEC Suit

By Lana Birbrair ( November 17, 2011, 10:02 PM EST) -- A Florida federal judge on Wednesday ordered the managers of Imperium Investment Advisors LLC and a bankrupt hedge fund, accused of scheming to misappropriate $34 million from investors, to pay $3.7 million in penalties — the maximum requested by federal attorneys....

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