Hedgie Greg Imbruce Found Guilty of Civil Theft Against Investors

Greg Imbruce of ASYM

A New Canaan hedge fund manger, Greg R. Imbruce has been ordered to pay triple damages for committing civil theft against his investors in ASYM Capital. The three year legal battle that included accusation of fraud and defamation ended in a $7.8 million award for investors and the loss of management and performance fees for Imbruce. News over the miss-management of fund assets was first reported by me at Growth Capitalist in 2012 when I got word from an internal whistleblower his investors … Continue

Cops bust Harry Connick Jr. daughter Georgia for hosting illegal drinking party

Georgia Connick

UPDATE 9.2.15: The New Canaan Advertiser did their today and showed up in court to report on Georgia Connick's arraignment. The State showed it doesn't treat all New Canaan residents equal though and allowed Georgia to get an off-books delay for October. Meaning the media wasted their time showing up. It also signals an AR deal is on the table. The new court date is October. How nice for Georgia that she didn't have to slum it hanging out in Norwalk Court like the rest of the New Canaan teens … Continue

No Bail for Microcap Ringleader B.J. Gallison

Gallison Family Photo

A Southern California guy whose parents were pillars of La Jolla society has just been told there is no way he’s getting bail. Harold (B.J.) Gallison Jr. was arrested on July 14th for the second time as the ringleader of multiple microcap frauds. On Friday the Dept of Justice showed a San Diego federal judge […]


SEC knew Collecting $14.5 mn Hedgie Ribotsky fine Would Fail

Ribotsky a few years ago when he had hair

N.I.R. Group hedge fund founder, Corey Ribotsky, filed for personal bankruptcy leaving a whopping $36 million of debt unpaid a year after he settled with the SEC for investor fraud. Today I am reporting for Growth Capitalist that court records allude to the notion that the government knew Ribotsky wouldn’t be able to pay his […]


Plainfield Asset Mgt Investors Insulted by Ex- Hedgie Executive’s Cheap Cash Offer

Marc Sole former Plainfield Asset Mgt PM

A former top dog portfolio manager at hedge fund Plainfield Asset Management, Marc Sole, is using the funds of his new hedge fund to try and buy out remaining investors in the now defunct Plainfield for a discount. According to offer documents seen by this reporter Sole, who now works for $4 billion Hudson Bay […]


Hedgie Greg Imbruce attempts to Hide Reporting after Enforcement Fine by CT Regulators

Greg Imbruce of ASYM

A Connecticut hedge fund manger under investigation by the Conn. Banking Commission for misleading his investors was fined and issued enforcement actions. News of the investigation into New Canaan resident, Greg Richard Imbruce, was first reported by me at Growth Capital Investor last year. Imbruce, who runs several Stamford-based energy-related investment funds under the umbrella […]


The Seedy World of Microcap Stock Advisors

AJ Discala Brooklyn Courthouse July 2014

UPDATE March 6th 2015: AJ Discala’s trading partner at OmniView Capital has thrown in the towel. Marc E. Wexler who was charged on multiple counts of securities fraud plead guilty to two felony charges on October 15th and agreed to pay a forfeiture bond of $1.4 million. Wexler who lives in Colts Neck New Jersey […]


Banker Peyton Patterson Won’t Pay Her Taxes

Peyton Patterson Bankwell

Peyton Reed Patterson, now former CEO of Bankwell, apparently doesn’t like to pay taxes. On Thursday the regional bank announced Ms. Patterson was quitting as CEO for personal reasons. This is two months after Matt Pilon of the Hartford Business Journal exposed the multi-millionaire banker for being a deadbeat with her creditors. In fact these […]