SEC v. Gregoire P. Tournant

Gregoire P. Tournant allegedly orchestrated a multi-year scheme to mislead investors who invested approximately $11 billion in Structured Alpha and paid over $550 million in fees, according to the SEC. It further alleges that, with assistance from Trevor L. Taylor and Stephen G. Bond-Nelson, Tournant manipulated numerous financial reports and other information provided to investors to conceal the magnitude of Structured Alpha’s risk and performance.

Summary generated from official Securities and Exchange Commission press release