Jury Finds Co-Founder Of Collapsed Hedge Fund Liable For Fiduciary Breach

Mealey's (December 21, 2022, 12:14 PM EST) -- NEW YORK — A co-founder of the collapsed hedge fund Platinum Partners is liable for a claim of fiduciary breach, and a March 2020 release does not bar his liability, a federal jury in New York said in a verdict handed down Dec. 20, awarding the plaintiffs $8,150,601.80 in compensatory damages....

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