An Alaska Native cultural organization and the luxury department store Neiman Marcus have settled a lawsuit over the sale of a coat with a copyrighted, geometric design borrowed from Indigenous culture.
Hedge fund founder from Roslyn pleads guilty to bankruptcy fraud, feds newsday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsday.com Daily Mail and Mail on Sunday newspapers.
GREED: Marble Ridge Capital Founder Pleads Guilty To Bankruptcy Fraud In Connection With Neiman Marcus Bankruptcy
Posted on 02/03/2021
Daniel Kamensky, age 48, of Roslyn, New York, pled guilty to one count of bankruptcy fraud, which carries a maximum sentence of five years in prison. Sentencing has been scheduled for May 7, 2021. Daniel Kamensky is the founder of New York-based hedge fund Marble Ridge Capital. The fraud was in connection with his scheme to pressure a rival bidder to abandon its higher bid for assets in connection with Neiman Marcus’s bankruptcy proceedings so that Marble Ridge could obtain those assets for a lower price.