It seems hedge funds are up to their old tricks of silencing employees and whistleblowers. In the past we've seen employees 'disappearing' but now it seems they also face legal consequences for trying to speak out.
Certain 'contract terms' make these hedge funds untouchable. Things NEED to change.
"...Dan Michalow — who won a $52 million arbitration judgement in 2022 after he sued the firm for defamation following his headline-grabbing exit in 2018 — has asked the state Court of Appeals to take a closer look at the “release-for-pay’ language in DE Shaw’s employment… pic.twitter.com/qV6N48hbF9
$AMC Swap data reveals that after the June 2021 run up there were 217mm+ Total Return Swaps entered into that haven't expired yet. Combining the highs and the lows to meet in the middle at average price of $35.03490122$AMCpic.twitter.com/ZN1iatQcNQ