SEC In Settlement Talks With Convicted Fund Manager Balboa

By Max Stendahl ( October 8, 2014, 5:18 PM EDT) -- Former hedge fund manager Michael Balboa is discussing a tentative settlement with the U.S. Securities and Exchange Commission while appealing a four-year sentence on related criminal charges of overinflating the value of his London-based fund by $80 million, attorneys for the parties said Wednesday in New York federal court....

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