The SEC conceded in court that its denial of a whistleblower award to hedge fund manager Kyle Bass may be flawed after his lawyers claimed the agency invoked a non-existent rule, failed to follow its own precedent and wrongly ruled that Bass didn’t personally file the tip.
The Fifth Circuit Court of Appeals agreed to stay Bass’s appeal and send the denial back to the Securities and Exchange Commission for a highly unusual second look after it had already issued a final order. Combined with an appeals court ruling unsealed last week that questioned whether activist investor Carson Block deserved ...
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The media has been rife with misinformation and libels about Israel’s conduct during the war that was triggered two years ago by the Hamas-led massacres in southern Israel on October 7, 2023. Hone...