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Ruderman Ponzi Victims Can Be Paid Before $25M SEC Claim

By Vin Gurrieri ( May 23, 2014, 4:48 PM EDT) -- A California federal judge on Thursday greenlighted an agreement between the receiver and bankruptcy trustee of Ruderman Capital Partners LLC, a hedge fund bankrupted as part of a former manager's Ponzi scheme, that makes a $25 million claim by the U.S. Securities and Exchange Commission secondary to investor claims....

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