A group of investors who claim fund managers at Highland
Capital Management downplayed the extent of the firm's
redemption requests to convince them to invest in two of its
funds have filed a lawsuit against the firm, which subsequently
closed both funds.
LV Highland Credit Feeder Fund, a portfolio run by Long Vue
Advisors - a defunct Boston-based fund of hedge funds firm - is
leading a group of wealthy individuals and charitable
organizations that invested with Highland to seek
The group, which placed a combined...