Archegos requests the rejection of two U.S. regulators’ claims to collapse
Archegos Capital Management LP has urged a Manhattan federal judge to dismiss lawsuits. By two U.S. regulators seeking fines and restitution. The private investment firm’s collapse saddled banks with about $10 billion of losses. Archegos collapsed in March 2021 after making huge bets on stocks through securities. Archegos Capital Management LP has encouraged a Manhattan … Read more
