Platinum Receiver Settles With Insurers For $14M

By Jody Godoy · July 2, 2020, 6:43 PM EDT

The receiver for defunct hedge fund Platinum Partners agreed to pay around $14 million to settle with insurers that say Platinum owed them more than $44 million, a move the receiver...

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Case Information

Case Title

United States Securities and Exchange Commission et al v. Platinum Management (NY) LLC et al

Case Number

1:16-cv-06848

Court

New York Eastern

Nature of Suit

Securities/Commodities

Date Filed

December 19, 2016


Case Title

USA v. Nordlicht et al

Case Number

1:16-cr-00640

Court

New York Eastern

Nature of Suit

Date Filed

December 14, 2016


Case Title

In re Platinum-Beechwood Litigation

Case Number

1:18-cv-06658

Court

New York Southern

Nature of Suit

Racketeer/Corrupt Organization

Date Filed

July 24, 2018


Case Title

Cyganowski, et al v. Beechwood Re Ltd. et al

Case Number

1:18-cv-12018

Court

New York Southern

Nature of Suit

Racketeer/Corrupt Organization

Date Filed

December 19, 2018