Laguna Niguel executive Marco Santarelli gets 33 months in federal prison and must pay $63M for a nationwide promissory note ...

A Laguna Niguel investment executive who marketed his private equity fund as a safe, passive income opportunity for retirees and other investors has been sentenced to federal prison after admitting ...

The founder and chief executive of a private equity fund was sentenced Thursday to 33 months in federal prison for ripping off hundreds of investors of about $63 million in a Ponzi scheme. Marco ...

After former CEO Brad Heppner was convicted of fraud, Beneficient is seeking a consensual resolution cutting him out of the company before he is sentenced in October.

If you have money in a pension fund, a state retirement system, or a university endowment, your savings may be tangled in one of Wall Street’s most contentious practices. The Securities and Exchange ...

Private equity firms now control roughly half of New York's home care market, transforming it into a consolidated, highly leveraged system.