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    1. Bill Ackman Has Two Undisclosed Positions, and One of Them is Massive

      Bill Ackman Has Two Undisclosed Positions, and One of Them is Massive

      Hedge fund titan Bill Ackman, the CEO of the $20 billion fund Pershing Square Capital, says his firm has two new investments that it has yet to disclose. During a conference call with Pershing Square Holdings investors on Monday morning, the hedge fund billionaire said he would have a "little more update" on the investments at the end of May. One investment is small and the other is large, he added. Ackman said the large one was "approaching 15% of capital...

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    2. American Apparel Sues Charney for Violating Standstill Agreement

      American Apparel Sues Charney for Violating Standstill Agreement

      (Reuters) - Apparel retailer American Apparel Inc sued its ousted chief executive Dov Charney for violating his standstill agreement with the company. The company said on Friday it has filed a suit with the Delaware Court of Chancery. Charney on Wednesday sued the company and Chairman Colleen Brown, alleging defamation and mental and emotional distress...

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      Mentions: SunTrust
    3. The CEO of Frontier Airlines is Out

      The CEO of Frontier Airlines is Out

      The CEO of Frontier Airlines has resigned and been replaced by the carrier's chairman and president. Frontier said Wednesday that Dave Siegel stepped down for personal reasons. Siegel's departure comes two days after the government said that Frontier had the highest complaint rate and the worst on-time performance among the nation's 14 leading airlines in March...

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      Mentions: CEO SunTrust
    4. Steve Wynn Won't Have to Deal with his Ex-Wife on the Wynn Resorts Board Anymore

      Steve Wynn Won't Have to Deal with his Ex-Wife on the Wynn Resorts Board Anymore

      She fought a good fight, but Steve Wynn's ex-wife, Elaine, has been ousted from the Wynn Resorts board.  After more than 12 years as a director at the casino company, Elaine Wynn was not renominated to the board earlier this year. Wynn, who was reportedly shocked, renominated herself and went on to launch a re-election campaign...

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