Recent and significant losses in the hedge fund industry may leave investment managers open to hedge fund litigation or arbitration. At Lax & Neville LLP, we have extensive experience representing both the investors who have been defrauded or hedge fund managers accused of malfeasance.
Our hedge fund litigation and investor arbitration attorneys have extensive experience in complex cases related to investment or securities fraud. Contact us if you are a hedge fund investor or hedge fund manager facing litigation.
Hedge fund investments
A hedge fund is generally a private investment limited partnership that usually invests in a variety of securities. The name itself can be misleading, as hedge funds may or may not employ hedging techniques. Hedge funds are not subject to the same SEC rules and regulations under which broker-dealers, investment advisors and mutual funds operate, and generally have more flexibility in handling investor funds.
Hedge fund risk and litigation
In recent years, investors have increasingly utilized hedge funds for portions of their portfolio. This tremendous increase in activity, together with a lack of government regulation, has made the hedge fund landscape particularly vulnerable to abuse by unscrupulous money managers.
Experienced hedge fund litigation attorneys
The attorneys at Lax & Neville LLP have represented both investors in hedge funds who have been defrauded, and hedge funds in defending claims by investors in state and federal courts as well as arbitrations.
- We represent investors who have been defrauded due to poor investment advice or investments made contrary to the stated goals of the investor.
- We are experienced in cases where a statement of purpose or goals was vague and left managers with unlimited discretion to act. Many of these funds invested in private placements, which raises all kinds of valuation and fraud issues.
- We represent hedge fund general partners victimized by fraud or breaches of investment contracts in the companies in which they invest. Hedge funds that invest in micro cap companies are the most frequent victims of such abuses by their portfolio companies.
- We represent hedge funds, investment advisors and their general partners who are sued by their investors for stability.
The attorneys of Lax & Neville LLP have been retained as a cost-effective alternative to the national litigation law firms. We keep the amount of the claim and the ability of the offending company to pay any judgment in consideration at all times in our representation, and continuously keep our clients apprised of all aspects of their litigation.
Contact Lax & Neville LLP for a free consultation with an experienced securities and employment litigation lawyer. Serving clients nationwide in securities, employment and investment law. Located on the corner of 41st Street & Broadway, New York, NY.