Hedge Fund Litigation

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 mutual funds operate, and generally have more flexibility in handling investor funds.

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.

Similarly hedge fund general partners have been the victim of 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, and the Partners of LAX & NEVILLE, LLP, have been retained as a cost effective alternative to the large 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.

The Partners at LAX & NEVILLE, LLP, have represented both investors in hedge funds who have been defrauded and hedge funds in state and federal courts, and arbitrations.