Stock Market News
Archegos’ Hwang, Halligan plead not guilty to U.S. criminal charges
2022.04.27 22:46
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FILE PHOTO: A person walks past 888 7th Ave, a building that reportedly houses Archegos Capital, amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., March 29, 2021. REUTERS/Carlo Allegri
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NEW YORK (Reuters) – Archegos’ Capital Management’s founder Bill Hwang and its chief financial officer Patrick Halligan pleaded not guilty on Wednesday to U.S. criminal charges over the meltdown of the family office, which caused billions in losses for banks.