• 04 May 2010 at 1:15 PM

Dear Wynnefield Investors. . .

By Zachery Kouwe

Investors in Wynnefield Capital (Oscar Tang, Michael Steinhardt, Chuck Royce, Stephen Schwarzman, Larry Leeds, Michael Kassen, Walter Stern, Edward McAree) are up 17 percent year-to-date. But an insider trading case brought by the SEC nearly four years ago is still hanging over the firm. The small-cap fund filed a motion for summary judgement in the case last November.

[Wynnefield Capital Q1 Letter to Investors]

Comments (8)

  1. 1
    Posted by Anonymous | May 4, 2010 at 1:44 PM

    * pin drop

  2. 2
    Posted by CoveredLong | May 4, 2010 at 1:54 PM

    @1 – Yea, I saw that dropping, had to jump out of the way before it impaled me.

    -Chirping Cricket

  3. 3
    Posted by NakedShort | May 4, 2010 at 2:50 PM

    Has anyone else here attempted P90X? I threw up 6 times this morning and dry heaved at least an additional 10 times.

  4. 4
    Posted by Anonymous | May 4, 2010 at 2:57 PM

    @4 – it made me Kouwe my pants during the ab ripper x session

  5. 5
    Posted by Bohemian Boethius | May 4, 2010 at 2:58 PM

    Why is this on dealbreaker?

  6. 6
    Posted by Anonymous | May 4, 2010 at 3:09 PM

    @5 because dealbreaker, probably more than any other site, regularly publishes hedge fund letters? just a thought?

  7. 7
    Posted by Anonymous | May 4, 2010 at 6:58 PM

    Other than Kouwe-shit, Dealbreaker publishes letters of hedge fund firms that actually matter.

  8. 8
    Posted by Reli33 | October 24, 2010 at 3:54 AM

    This case seems to have just been thrown out of court…

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