Philip Baker

    SHOWING:

    1 to 9 of 9 results
      

    Sort By:

    Search

    Filter By:

    Topics

    Jurisdictions

    show more show less

    Allegations

    USA v. Philip J. Baker: Plea Agreement

    Philip Baker's Plea Agreement in a criminal action styled as 'USA v. Philip J. Baker' at the U. S. District Court for the Northern District of Illinois.

    BVI and TCI feeder funds added as parties to Lake Shore Group litigation

    Eight companies domiciled in the British Virgin Islands, four in the Turks and Caicos Islands, and one each in the United States and the United Kingdom have been added as parties in litigation brought by the U. S. Commodity Futures Trading Commission against the Lake Shore group of hedge funds.

    US regulator accuses ‘fraudulent’ Lake Shore hedge fund of breaching restraining order by back-dating agreement with Bermuda company manager

    A management agreement between a Bermuda corporate services provider and a hedge fund group accused of committing a $100 million-plus fraud against investors was back-dated by two weeks in an attempt to circumvent a restraining order issued by a U. S. federal court, a regulator has claimed. The contract pursuant to which Bermuda-based Mercury Group Limited agreed to provide "office and related facilities and services" to the Lake Shore group was, in reality, entered into on June 29, 2007 - the same day that 38 boxes of Lake Shore records were transferred from Roth Mosey & Partners LP accounting and consulting firm in Canada to MGL in Bermuda, according to the Commodity Futures Trading Commission in a filing on January 9, 2008 at the U. S. District Court for the Northern District of Illinois, where it is suing Lake Shore and its principal, Philip Baker, for fraud.

    Offshore hedge fund group refuses to turn over records, claims US regulator

    A contempt of court motion has been filed in the United States against a Bermuda-based firm that manages several hedge funds registered in the British Virgin Islands and also has ties to Canada and Switzerland.Lake Shore Asset Management Limited, which is believed to manage at least $466 million, has refused to turn over documents to the Commodity Futures Trading Commission in breach of a Statutory Ex-Parte Restraining Order issued seven days earlier, stated the regulator in its contempt motion at the U. S. District Court for the Northern District of Illinois on July 3, 2007.