Tiger Asia Management Said to Plan Fraud Charge Guilty Plea
Bill Hwang, founder of Tiger Asia Management LLC, exits federal court in Newark, New Jersey, U.S., on Wednesday, Dec. 12, 2012. Tiger Asia Management LLC, the New York-based hedge fund run by Hwang, pleaded guilty to a wire fraud charge and will forfeit $16.3 million in a U.S. insider-trading case. Photographer: Emile Wamsteker/Bloomberg via Getty Images
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December 12, 2012
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HWANG TIGER ASIA