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Hedge Fund Execs Ordered To Pay $55M For Securities Fraud

By Stewart Bishop ( June 6, 2014, 5:58 PM EDT) -- A New Jersey state court has ordered the former principals of hedge fund Osiris Partners LLC to pay over $55 million in restitution and penalties for bilking investors by fraudulently inflating the firm's net asset value and diverting funds for personal expenses, regulators said Friday....

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