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Alternative Market Briefing

Massachusetts regulator Galvin denied motion to dismiss civil case brought against him by Bulldog’s Phil Goldstein
Tuesday, April 05, 2011

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Phil Goldstein From Kirsten Bischoff, Opalesque New York:

All eyes in the hedge fund industry may be on the Galleon court case unfolding in the federal courts of Manhattan, but another, long standing hedge fund legal battle has been playing out for years in the Massachusetts’ court system. In its current form this fight pits Bulldog Investments’ Phil Goldstein against Massachusetts State regulator William Galvin in civil court, and Opalesque has learned that the Bulldog team finally scored a few important points this week.

Galvin’s motion to dismiss has been denied, and it appears as of now, the civil case that Phil Goldstein......................

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