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Hedge Fund Owner's Suit Over F.B.I. Raid May Proceed, Judge Rules | Tony Seruga
Mar
10

Hedge Fund Owner’s Suit Over F.B.I. Raid May Proceed, Judge Rules

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A lawsuit brought by a hedge fund owner who claimed that an F.B.I. raid had violated his civil rights and forced him to close his business may proceed to determine whether evidence will support his “grave allegations,” a judge said on Thursday.

Judge William H. Pauley III of United States District Court in Manhattan freed lawyers to learn more to support David Ganek’s claim that the raid in November 2010 of the New York offices of Level Global Investors as part of a federal crackdown on insider trading resulted from deliberate misrepresentations…

Hedge Fund Owner’s Suit Over F.B.I. Raid May Proceed, Judge Rules

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