Cayman hedge fund accused of securities violations

By David Marchant

20 years ago

Topics

Keywords

Tilson Offshore Fund Ltd. TROY Group Inc. Walkers Whitney Tilson

A Cayman Islands-registered hedge fund is being sued in the United States by a publicly-listed firm for alleged violations of the Securities Exchange Act.
Tilson Offshore Fund Ltd., which is ‘based’ at Walkers SPV Ltd., Grand Cayman, and several affiliates have been accused of making false filings with the SEC as part of a scheme to profit from the proposed buy-out of TROY Group Inc., whose shares are quoted on the pink sheets, by one of TROY’s minority shareholders, Dirk Inc.

- You're only seeing part of this content
  
  To view the entire article or download the document, subscribe today.
  
  - Offshore Courts: 29,000+ court cases (Bahamas, Bermuda, BVI, Cayman Islands)
  - Investigative Articles: 4,500+ in-depth articles, including fraud exposés
  - MLATs - Criminal: 1,400+ MLATs on global criminal investigations
  - Ch. 15 - Insolvencies: Monitored daily
  - Foreign Discovery: Applications for foreign discovery filed in the USA, monitored daily
  - Regulatory Actions: Global regulatory actions, fines, and bans, monitored daily
  - And More: Criminal indictments, extraditions, winding-up petitions, and more
  
  Unlimited access for less than $3/day.
  
  Cancel anytime.
  
  SUBSCRIBE
- SIGN IN
  
  Forgot your password?

BECOME A SUBSCRIBER

Daily red flags in high-value international finance

Unlimited access. No contracts. Cancel anytime.