Amaranth Advisors, the now-defunct multistrategy firm,
and two former Amaranth traders are refuting government charges
of unlawfully manipulating the energy markets. The defendants
are also challenging the Federal Energy Regulatory
Commissions authority to bring the case.
Amaranth and the two traders, Brian Hunter and Matthew
Donohoe, collectively face $291 million in fines from charges
brought by FERC in July. That month, the Commodity Futures