Hedge Fund Receiver Drops Appeal Over Alleged Aiding, Abetting Of Fraud Scheme

Mealey's (January 29, 2021, 10:41 AM EST) -- NEW YORK — The Second Circuit U.S. Court of Appeals said on Jan. 28 that a hedge fund receiver withdrew her appeal of a ruling that an investment holding company did not aid and abet fraud with three investment management agreements (IMAs) involving a reinsurer, its related entities and Senior Health Insurance Company of Pennsylvania (SHIP)....