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Silverstein v. Knief et al
Case Number:
1:11-cv-04776
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February 15, 2012
Tetragon Directors Defeat Suit Over $205M Fees
Tetragon Financial Group Ltd. officers and directors won dismissal Wednesday of a shareholder derivative suit in New York federal court accusing them of siphoning $205 million from the investment fund through exorbitant performance fees.
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October 17, 2011
Tetragon Shareholder Can't Bring $205M Fraud Suit: Atty
A lawyer for Tetragon Financial Management LP argued Monday that a suit accusing the fund management company's directors of defrauding investors of $205 million by rigging fees should be tossed because the shareholder behind it had no standing to sue.