(Bloomberg) -- A former Jefferies Financial Group hedge fund manager who was sued for allegedly defrauding the fund out of more than $100 million is also facing a federal criminal probe.Most Read from BloombergHousing’s Worst Crisis in Decades Reverberates Through 2024 RaceAn Affordable Nomadic Home Design Struggles to Adapt to Urban LifeUS Driving and Congestion Rates Are Higher Than EverA City Finds Success Using 'Trees as Medicine'The Hague Is World’s First City to Ban Oil and Air Travel AdsM
Interactive Brokers and other financial stocks are in bases. And investment banks have turned the corner with big earnings growth estimates.
As the U.S. stock market shows signs of recovery with the S&P 500 and Nasdaq Composite extending their winning streaks, investors are closely monitoring growth companies that exhibit strong insider ownership. In this environment, stocks with high insider ownership can be particularly attractive as they often indicate confidence from those within the company about its future prospects.