Drew McManus on the Orchestra business | est. 2003

IMG

Additional Fallout From The IMG Artists Scandal

Tue, May 5, 2009
by Drew McManus
The 5/1/2009 edition of Bloomberg published a commentary by Norman Lebrecht that examines some of the early response within artist management circles to the Barrett Wissman scandal. Wissman, a hedge fund manager who also serves as Chairman of IMG Artists, pled guilty to securities fraud and agreed to pay $12 million in penalties in connection
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IMG Artists Chairman Guilty Of Securities Fraud

Thu, Apr 4, 2009
by Drew McManus
The 4/15/2009 edition of The Dallas Morning News published an article by Brendan Case that reports former Dallas hedge fund manager Barrett Wissman “pleaded guilty to securities fraud in connection with his role in an alleged kickback scheme involving New York state’s largest pension fund.” In 2003, when talent management agency IMG decided to jettison
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PROFESSIONAL DISCLOSURE

Given the author’s position as an arts consultant and technology provider, he does not publish articles examining or focusing on current clients without first obtaining the client’s written permission.

EDITORIAL COMMITMENT

In order to ensure accuracy and provide a comprehensive perspective on any topic, I allow any individual or person officially representing an organization that appears in any Adaptistration article to submit a response which will be published, unedited. Responses are limited to 200 words and must address the issues at hand and the individuals and/or organizations must also be willing to maintain an open dialog for continued discussion.