SEC to Pay $755K to Staff Attorney Fired Over Pequot Case
The Securities and Exchange Commission's investigation into Pequot Capital Management, the once-giant hedge fund, did not exactly go smoothly for the agency, and the saga reached a new low for the SEC on Tuesday: The agency has agreed to pay a former staff attorney, Gary Aguirre, $755,000 to settle his claims that the agency wrongly fired him in retaliation for his complaints that higher-ups were botching the Pequot case in 2005 and 2006.
