Hedge fund investor sues Citi Alternatives, alleging fraud

Fri Apr 11, 2008

A wealthy investor in Boca Raton, Fla., has sued Citigroup Alternative Investments, alleging that the firm failed to properly disclose the risks in a fixed-income hedge fund that suffered big losses in last year’s second half.

In an 18-page complaint filed on April 4 in the U.S. District Court for the Southern District of Florida, the plaintiff accuses Citigroup Alternatives of marketing...

ISSN: 2151-1845 / CDC10004H

Free Trial

Take a trial today and access

  • Performance news, fund launches, regulation changes and people moves
  • Profiles of fund managers, investors and distributors
  • Live league tables
  • Investor mandates

Popular Searches on HFI