Cooperman's Omega Overseas Fund Is Said to Gain 18% Last Year

Cooperman's Omega Overseas Fund Is Said to Gain 18% Last Year

Cooperman, 74, agreed to pay $4.9 million to resolve a U.S. Securities and Exchange Commission lawsuit related to allegations of ill-gotten gains, without admitting any wrongdoing. The government had asserted he used his status as one of Atlas Pipeline Partners GP LLC’s largest shareholders to obtain confidential information in 2010. After the settlement, Cooperman lambasted U.S. regulators as “abusive,” saying he would have won at trial but faced far higher legal costs.

Source : https://www.bloombergquint.com/markets/2018/01/12/cooperman-s-omega-overseas-fund-is-said-to-gain-18-last-year

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