Funds

Skype Founders Agree to Join Silver Lake's Buyout Group, Drop Litigation The founders of Skype agreed to join the investor group buying the Internet-calling service from EBay Inc. and to drop litigation that had threatened to shut down the company.

Rajaratnam's Former Colleagues Cooperate, Plead Guilty in Hedge-Fund Case Choo-Beng Lee and Raj Rajaratnam were colleagues almost two decades ago at research firm Needham & Co. Ali Far worked at Rajaratnam’s hedge-fund firm for at least four years. And when Lee and Far opened Spherix Capital LLC in 2007, Rajaratnam invested with them.

Concurrent Says Galleon Group Executive Resigned From Board of Directors Krish Panu, a managing partner at Galleon Group LLC, resigned from the board of software maker Concurrent Computer Corp. after the New York hedge-fund firm’s involvement in an insider-trading scandal.

Lehman U.K. Administrator Can't Distribute Assets to Creditors, Court Says Lehman Brothers Holdings Inc.’s U.K. bankruptcy administrators can’t go ahead with an expedited plan to distribute as much as $8.9 billion in assets to creditors, an appeals court ruled.

Schottenfeld `Prop Shop' at Center of Inside-Trading Ring, Prosecutors Say Schottenfeld Group LLC, the firm where three of the people arrested yesterday on insider-trading charges worked, said it was “deeply troubled and shocked” by the allegations against its former employees.

Hedge-Fund Managers, Traders Charged in Galleon Insider-Trading Probe U.S. prosecutors charged 14 people, including hedge fund managers, lawyers and an ex-Galleon Group employee, for using the methods of “drug dealers” and “common criminals” to profit on insider data from deals involving firms such as 3Com Corp. and Alliance Data Systems Corp.

JPMorgan Said to Detect Kiener's K1 Fraud That Stung Banks, Bought Planes JPMorgan Chase & Co. found an unsettling fact buried in the books of newly acquired Bear Stearns Cos. last year: The brokerage had loaned millions of dollars to a German money manager for bets on hedge funds no one had ever heard of.

Ex-Jefferies Money Manager Contorinis Indicted on Insider Trading Charges Joseph Contorinis, a former money manager for the Jefferies Paragon Fund, was indicted by a federal grand jury on fraud charges in what prosecutors said was a $7.2 million insider-trading ring.

Fund Center 

401(k) Calculator 

Retirement Calculator 

Mutual Funds 

Exchange Traded Funds