In this decision, the court upheld an instruction that permitted the jury to find that a hedge fund adviser had a fiduciary relationship with a client.
“[N]o hedge fund adviser could create a client relationship with an investor, but rather held only that the SEC had ‘not justified treating all investors in hedge funds as clients’” the Sixth Circuit concluded
Firefox recommends the PDF Plugin for Mac OS X for viewing PDF documents in your browser.
We can also show you Legal Updates using the Google Viewer; however, you will need to be logged into Google Docs to view them.
Please choose one of the above to proceed!
LOADING PDF: If there are any problems, click here to download the file.
Commercial Law & Contracts Updates, Criminal Law Updates
Federal, 6th Circuit, Ohio |
DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
© Doug Cornelius | Attorney Advertising