Embattled charter school superintendent offers to give up financial controls after investment debacle

The superintendent and founder of Hmong College Preparatory Academy (HCPA) in St. Paul, Christianna Hang, is offering to step down from her other role as the chief financial officer of the charter school after it lost more than $4 million in a risky hedge fund investment.

“We’ll let the board decide,” Hang said after the meeting.