| 13.11.2006 Bayou settles first of 126 suits against former investors, Lawyer: ` All fictitious profits must be returned`, Opalesque Exclusive: Philadelphia Asset Management fraud case could haunt Man Financial float, Palm Beach stockbrokers get seven years` probation for $1.4m hedge fund fraud |
| Bayou settles first of 126 suits against former investors, Lawyer: ` All fictitious profits must be returned`
From Bloomberg.com: Bayou Group LLC, a Connecticut hedge fund that went bankrupt after its owner was charged with fraud, settled the first of dozens of suits seeking $137.6 million from investors who withdrew money before the collapse. Former Bayou investor UT Medical Group Inc. Basic |
| Article source: http://www.palmbeachpost.com/pbccentral/content/local_news/epaper/2006/11/11/s3b_DADNSON1111.html - Opalesque is not responsible for the content of external internet sites |