City, Missouri, office to provide support services, especially portfolio management software support. Wade had previously been employed by Advent Software Inc. of San Francisco, California, and claimed knowledge of the Advent Portfolio Management systems. As such, Wade was tasked with maintaining portfolio performance and related data at Hoover Capital. In September 2001, Wade questioned whether Hoover might have been making transfers between entities controlled by Hoover and unrelated outside third parties that were possibly not authorized. Taking documents that might have supported his tenuous case, Wade resigned and became a self-styled whistleblower. Attorneys representing Hoover and HCM defended the case and vigorously denied any wrongdoing, and Wade was viewed as a disgruntled "snitch" who was hoping to help manufacture a case for a whistleblower reward. The legal case against Hoover, HCM, and Chestnut Fund LP remains the subject of ongoing debate, with many believing the case never should have been brought, as there were no clear improprieties. One analysis of Hoover's activities was made in 2004 by the U.S. Securities and Exchange Commission while attempting to enact certain regulatory changes to rules governing private investment vehicles. Current activities Between May 2008 and May 2010, Hoover divided his time between Ponte Vedra Beach , Florida, Mobile, Alabama, and Mississippi. Ponte Vedra Beach is best known as being the location of the Players Golf Championship at Sawgrass , the annual U.S. golf tournament with the largest purse on the Professional Golfers Association tour. In October 2007 Hoover began regular postings to a blog in his name , and the blog was active as of the summer of 2012. He practices Bikram Hot Yoga. References External links Stevin Hoover blog Bikram Yoga main website 1948 births Living people American businesspeople