Mostly Cloudy 54°
Tag:

SEC

Sports
Hundreds Of Thousands Of Dollars Raised To Support NY College Basketball Player After Fire Hundreds Of Thousands Of Dollars Raised To Support NY College Basketball Player After Fire
Hundreds Of Thousands Of Dollars Raised To Support NY College Basketball Player After Fire Friends, family, and fans of a popular D-1 college basketball player whose family’s New York home and belongings were destroyed by a fast-moving fire. On Saturday, Feb. 26, a fire tore through the Queens home Zakai Zeigler, a prominent guard playing in the SEC for the Tennessee Volunteers who grew up on Long Island, in Wyandanch in Suffolk County. In the fire, Zeigler’s mother, who is raising her special-needs 4-year-old nephew, lost all of her belongings, including accessibility equipment for the child, including wheelchairs and splints. In response, Zeigler set up a GoFundMe page for his…

SHARE

by Zak Failla
News
Ex-Broker-Dealer CEO From Long Island Charged With Lying To Feds Ex-Broker-Dealer CEO From Long Island Charged With Lying To Feds
Ex-Broker-Dealer CEO From Long Island Charged With Lying To Feds The former CEO and an employee of a broker-dealer firm were arrested this week and charged with allegedly cooking the books and submitting false reports to the SEC. Long Beach resident Alan Seidel, 73, the former CEO of Seidel & Co. LLC, and New Jersey resident Benjamin Mekaway, 37, were arrested on Monday, Dec. 23, U.S. Attorney Geoffrey Berman announced. They were charged with falsifying the books of the company and submitting false reports to the SEC regarding the company’s net capital and staff. Berman said that the two falsified the financial records of the company to obscure the …

SHARE

by Zak Failla
Sports
Hedge Fund Billionaire Takes Steps To Purchase New York Mets Hedge Fund Billionaire Takes Steps To Purchase New York Mets
Hedge Fund Billionaire Takes Steps To Purchase New York Mets Many New York Mets fans may have their wishes granted as Greenwich hedge fund billionaire Steve Cohen, a Long Island native, is taking steps to purchase the majority of the team from the Wilpon family. Sterling Partners, the Wilpon’s family business, has reportedly entered talks to sell up to 80 percent of its shares of the Major League baseball team to Cohen, who is already an investor in the club. If completed, the transaction would value the franchise at approximately $2.6 billion. Under the proposed agreement, Fred Wilpon would remain as CEO for five more years, and Jeff Wilpon will con…

SHARE

by Zak Failla