Hedge Fund and Insider Trading News: John Paulson, Ray Dalio, Starboard Value, Trian Fund Management, ExodusPoint Capital Management, JAT Capital, Lexicon Pharmaceuticals, Inc. (LXRX), Omnicom Group Inc. (OMC), and More

Activist Hedge Fund Trian Targets Insurer Allstate (Reuters)

Elite Investor John Paulson Claims in a New Lawsuit that His Ex-Business Partner Duped Him Out of Millions to Fund Louis Vuitton Shopping Sprees and Las Vegas Parties (Business Insider)

Activist Hedge Fund Starboard Value Boosts Fortrea Holdings Shares with Planned Changes (Best Stocks)

Dalio’s Abu Dhabi Penthouse Shows Rise of New Hedge Fund Hubs (Bloomberg)

A Tiger Grandcub Goes Activist (Institutional Investor)

Penny Stocks with Biggest Upside

Pixabay/Public Domain

Glen Point Trial Casts Morgan Stanley as Hedge Fund’s Victim (Financial Review)

Hedge Fund ExodusPoint Hires New Head of AI from Balyasny (eFinancialCareers)

Tidan’s Quant Joins Kvartil (Hedge Nordic)

Lexicon Pharmaceuticals And 3 Other Stocks Under $2 Insiders Are Buying (Benzinga)

Omnicom Group Insiders Sell US$15m Of Stock, Possibly Signalling Caution (SimplyWall.st)