Fairfax launches short-selling legal action

Fri Jul 28, 2006



In the latest lawsuit against hedge funds regarding their short selling, Canadian insurance company Fairfax Financial Holdings has brought a $5 billion action against several of the world's most prominent hedge fund players. Fairfax is alleging that the funds engaged in stock manipulation and the use of dirty tricks to drive down the company's stock price.

Defendants include Copper River...

TAKE A FREE TRIAL

The full contents of this article are available to active AR subscribers and trialists only.

To continue reading please,
take a free trialsubscribe or log in to AR.

Subscribe

Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.

Subscribe now