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FinCEN v. Oppenheimer & Co. Inc.: Press Release

January 27, 2015 - Press Release entitled 'FinCEN Fines Oppenheimer & Co. Inc. $20 Million for Continued Anti-Money Laundering Shortfalls' regarding its relationship with Bahamas-based Gibraltar Global Securities in FinCEN v. Oppenheimer & Co.

SEC v. Oppenheimer & Co. Inc.: Order Instituting Administrative and Cease-and-Desist Proceedings

January 27, 2015 - Order Instituting Administrative and Cease-and-Desist Proceedings in U. S. Securities and Exchange Commission v. Oppenheimer & Co. Inc.

NY firm fined $20 m for helping Bahamas broker operate 'illegally' in US

January 27, 2015 - New York-based broker-dealer Oppenheimer & Co. has agreed to be fined $20 million by federal regulators for violating securities and anti-money laundering laws while servicing Bahamas-based broker-dealer Gibraltar Global Securities, Inc. and another client.

NY hedge fund Harbinger and Front Street Re (Cayman) sued over 'financial shell games'

January 10, 2015 - Cayman Islands-domiciled life and annuity reinsurer Front Street Re has been accused of participating in a "financial shell games" scheme to defraud insureds that also allegedly involved Bermuda-based Wilton Re.

Xinhua Holdings Limited: Petition

January 08, 2015 - Petition In the Matter of Xinhua Holdings Limited at the Grand Court of the Cayman Islands.

Dale R. Ludwick v. Harbinger Group, Inc. et al: Class Action Complaint

January 07, 2015 - Class Action Complaint in Dale R. Ludwick v. Harbinger Group, Inc., Fidelity & Guaranty Life Insurance Company, which is domiciled and based in Iowa; Raven Reinsurance Company, a Vermont-domiciled captive insurer managed by Marsh Management Services, Inc., and Front Street Re (Cayman) Ltd. at the U. S. District Court for the Western District of Missouri.

Acorn Composite Corp. v. Acorn International, Inc.: Dismissal Order

December 31, 2014 - Order of Dismissal in Acorn Composite Corporation v. Acorn International, Inc. at the Grand Court of the Cayman Islands.

Grant Thornton sues TeleCayman for $40,000

December 31, 2014 - Accounting firm Grant Thornton (Cayman) is suing local telecommunications provider TeleCayman Limited for allegedly failing to pay a nine-month-old invoice for $40,000. The lawsuit was filed at the Grand Court of the Cayman Islands on December 23.

Charm Communications Inc.: Petition

December 23, 2014 - Petition In the Matter of Charm Communications Inc. at the Grand Court of the Cayman Islands.

Grant Thornton v. TeleCayman Ltd.: Writ of Summons

December 23, 2014 - Writ of Summons in Grant Thornton v. TeleCayman Limited at the Grand Court of the Cayman Islands.
Miami 2014 Presale

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What a View - the Latest Weavering Clawback Claims
Martin Kenney
       As published on this site, in late December the liquidators of Cayman Islands-domiciled Weavering Macro Fixed Income Fund Limited (the Company) filed a series of summonses in the Grand Court in which they claim that redemption payments made by the Company to a number of investors in the six months imm