MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, November 5, 2007 The Sky is Falling on Chicken Little Funds The St. Louis-based fund group's founder faces fraud charges from Show Me State regulators. The St. Louis Post-Dispatch's Mary Jo Feldstein reports that, on Thursday, Missouri regulators accused Chicken Little Fund Group founder Stephen M. Coleman of fraud. They claim he sold advisory firm clients (of his other $7 million AUM firm, Daedalus Capital) investments in Chicken Little without disclosing the potential conflict of interest. The state's gunning for $200,000, plus costs and a revocation of Coleman's securities license. Printed from: MFWire.com/story.asp?s=16344 Copyright 2007, InvestmentWires, Inc. All Rights Reserved |