hedgefunds
West Palm Beach Hedge Fund Lawsuit
Filed in archive Hedgetalk by Alex Akesson on April 10, 2008
flickr_397033429.jpg
© phault
Hedge fund Falcon Strategies Two B LLC, is suing a business unit of Citigroup, accusing the financial giant of failing to disclose a change in risk, causing the west palm beach hedge fund to loose more than 40% of its value.

The hedge fund's law firm filed the suit in the U.S. District Court in Southern Florida on behalf of all purchasers of the hedge fund between Sept. 30, 2005 and Jan. 8, 2008. It is seeking class-action status and compensation and punitive damages.

The 18-page, four-count suit, accuses the defendants of: fraud, violations of the Florida Blue Sky Law, negligent misrepresentation and violation of the 1933 Securities Act.

More at; Florida Hedge Fund Sues Citigroup



Permalink: West Palm Beach Hedge Fund Lawsuit
Tags: hedge+fund  hedge  fund  2007  funds  hedge+funds  beach+hedge 
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/119766
img Addthis img Ask img Blinklist img del.icio.us img Digg img Fark img Facebook img Google img Lycos img Ma.gnolia Add this page to Mister Wong Mr Wong img Netscape img Netvousz img Newsvine img Reddit img StumbleUpon img Slashdot img Tailrank img Technorati img Wink img Yahoo

Vote for West Palm Beach Hedge Fund Lawsuit:

  • Currently 7.33/10
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
Rating: 7.33 out of 3 vote(s) cast.
 
Subscribe
Share It
Popular posts from our other blogs:
RSSrss
See all blog subscribe options
Google google
What is RSS?
Yahoo! yahoo
Addthis Subscribe using any feed reader!
Bloglines Bloglines
Newsletter

TwitterFollow us on Twitter!