Aside from a flagrant abuse of the law, the word can also be used to describe anything that is obviously bad â like flagrant bad taste or flagrant abuse of the rules of grammar.
Elliott Management Corporation is an American hedge fund management firm. It serves as the management affiliate of American hedge funds flagship Elliott Associates L.P. and Elliott International Limited. Elliott was founded by Paul Singer, who also serves as CEO of the management company, which is based in New York City. From inception, Elliott has generated for its investors a 14.6% net compound annual return, compared to 10.9% for the S&P 500 stock index, and now has more than US$23 billion in assets under management.
Bridges LLC, a company that Erickson and Butina established in February 2016 in Ericksonâs home state of South Dakota, also is expected to draw scrutiny. Public records donât reveal any financial transactions involving Bridges. In a phone interview last year, Erickson said the firm was established in case Butina needed any monetary assistance for her graduate studies â an unusual way to use an LLC. Erickson said he met Butina and Torshin when he and David Keene, a former NRA president, attended a meeting of Right to Bear Arms a few years ago in Moscow.