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Home » ‘Wanted To Be a Legend of Wall Street’: Fraud Trial Begins for Archegos Executives
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‘Wanted To Be a Legend of Wall Street’: Fraud Trial Begins for Archegos Executives

News RoomBy News RoomMay 13, 20241 Min Read
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‘Wanted To Be a Legend of Wall Street’: Fraud Trial Begins for Archegos Executives
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Kramer Levin Naftalis & Frankel partner Barry Berke on Monday told a jury in the Southern District of New York that his client Sung Kook “Bill” Hwang did not break the law in the year preceding the collapse of his $36 billion fund Archegos Capital Management in 2021.

Patrick Halligan Photographer: Michael Nagle/Bloomberg

“You’ll see that so much of what the prosecution points to as being … evidence of something improper was in fact a product of that horrible, horrible pandemic that we all experienced,” Berke said.

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