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  1. Jun 20, 2024 · Here are the key takeaways from the day’s testimony: Hwang defense lawyer Barry Berke tried to get former Archegos head trader William Tomita to acknowledge that he, Hwang and others at the...

  2. Jun 17, 2024 · Archegos head trader Tomita is back on the stand for the prosecution. Tomita has proved a damaging witness against Archegos’ Bill Hwang. Hwang’s $5 billion capacity ask would ‘spook ...

  3. 2 days ago · Sung Peel Hwang, a former manager with Korean Air Lines on Guam, will serve 41 months in federal prison for bank fraud and money laundering involving more than $600,000, following.

  4. Jun 26, 2024 · As part of Hwang’s case, the defense called Arizona State University finance professor Sunil Wahal. His midday testimony aimed to rebut economist Carmen Taveras, a government expert who earlier in the trial testified that big-dollar market moves at the fallen hedge fund pulled share prices like a “magnet.”

  5. Jun 10, 2024 · Bill Hwangs top trader at Archegos Capital Management gave damning testimony against the boss, telling a jury Hwang told him to do “the opposite” of what a “normal fund” would.

  6. Jun 26, 2024 · Manhattan federal prosecutors have charged Hwang with market manipulation, racketeering conspiracy, and fraud through his Archegos family office, which collapsed in March 2021 as his stock...

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  8. Jun 17, 2024 · (Bloomberg) -- For most of his trial, Archegos Capital Management founder Bill Hwang hasn’t looked like a man potentially facing decades in prison.