Tag: Archegos

Ex-Archegos CFO Sentenced: Patrick Halligan Gets 8 Years After Wall Street Catastrophe

Court Cases tamir - January 28, 2025

Patrick Halligan, the former CFO of Archegos Capital Management, has been sentenced to eight years in prison for his involvement in the firm’s catastrophic 2021 collapse, which inflicted over $10 billion in losses on Wall Street. Halligan's conviction follows that of Archegos founder Bill Hwang, who received an 18-year sentence in November. Both are appealing their convictions.

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