Tiger Asia must pay investors back HK$45 m

A Hong Kong court yesterday ordered US hedge fund Tiger Asia Management and two senior executives to pay more than HK$45 million to about 1,800 investors for insider dealing of shares in two Hong Kong-listed mainland banks in 2008 and 2009.

via Business feed http://www.scmp.com/business/money/markets-investing/article/1387142/tiger-asia-must-pay-investors-back-hk45-m