Investor Seeks To Dismiss Hedge Fund’s Liquidators’ Fraud, Conspiracy Lawsuit

Mealey's (January 15, 2019, 11:29 AM EST) -- NEW YORK — An investor on Jan. 11 joined other motions seeking to dismiss a fraud and conspiracy lawsuit filed in a New York federal court by the liquidators for two hedge funds concerning allegations that the funds with a net asset value of nearly $1 billion turned out not only to be insolvent but also to have liabilities between $400 million and $800 million (Martin Trott, et al. v. Platinum Management [NY] LLC, et al., No. 18-10936, S.D. N.Y.)....