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From the Opalesque team:

Phillip Goldstein, one of the principals at New Jersey-based activist investment firm Bulldog Investors has launched a counter attack on Massachusetts Secretary of State William Galvin, filing a civil court complaint that alleges Galvin brought securities enforcement action against Goldstein to "retaliate for 1. Mr. Goldstein's successful lawsuit against the Securities and Exchange Commission to invalidate a rule requiring hedge fund managers to register with the SEC, and 2. Publicly disagreeing with Secretary Galvin about the merits of investing in hedge funds," according to a statement Goldstein released to the press.

The fight Galvin started with Phillip Goldstein at Bulldog Investors three years ago over what Galvin charged was information in violation with the SEC rules against marketing through the Bulldog website was temporarily halted in October 2009 when during its second appeal the court ruled that Galvin's cease and desist order and $25,000 fine would stand. The Bulldog website remains offline with only a telephone number available as contact information. According to The Boston Globe, a third appeal is expected to be heard this spring by the Supreme Judicial Court.

Goldstein's complaint, filed on Friday, Jan 29th cites Galvin's long-standing and well-documented disapproval of hedge fund vehicles as a driving factor in his decision to level charges at Goldst......................

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