Hedge Fund RTW Probed by SEC Over Role in Masimo Proxy Fight

By Yahoo! Finance | Nov 26, 2024 at 05:32 PM EST

RTW Investments, a $6.5 billion hedge fund, is under SEC investigation for its role in a proxy fight at Masimo Corp. The firm denies any wrongdoing and is cooperating with authorities. Masimo had sued RTW and its founder for alleged collusion in manipulating the election.

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