Collapsed Hedge Fund’s Co-Founder Withdraws Appeal Over Offset Ruling

(January 2, 2024, 9:40 AM EST) -- NEW YORK — A co-founder of the collapsed hedge fund Platinum Partners who argued that application of New York offset law should reduce his liability to zero has withdrawn his Second Circuit U.S. Court of Appeals challenge to a ruling that left him liable for just under $2.8 million....