Legal claims against hedge fund managers are broad in scope. Such claims include not only those brought by injured investors in private causes of action, but also those brought by the Securities and Exchange Commission (“SEC”) and other federal or state government agencies. Hedge fund managers and investors must be cognizant of potential claims and liability.

This memorandum, prepared by former SEC Attorneys at Meyers & Heim LLP, discusses the private rights of action that an injured investor may maintain against his or her hedge fund manager.

• Fraudulent Misrepresentation
• Control Person Liability
• Breach of Fiduciary Duty
• Negligence
• Negligent Misrepresentation
• Breach of Contract
• Civil Conspiracy
• Unjust Enrichment
• Promissory Estoppel
• Aiding and Abetting Fraud and Fiduciary Duties

This memorandum relies primarily on federal securities law and New York State law, but may make reference to the laws of other jurisdictions to illustrate points of comparison. Legal counsel should be consulted when evaluating these issues to ensure that any claims and defenses are asserted in a timely manner.

To read the full memorandum please follow this link.

Meyers & Heim LLP
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New York, New York 10022
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www.MeyersandHeim.com

Meyers & Heim LLP practices in the area of securities regulation. The firm was founded by Howard Meyers and Robert Heim who were previously Enforcement attorneys with the U.S. Securities and Exchange Commission. This Memorandum is provided by meyers & Heim LLP for educational and informational purposes only and is not intended and should not be construed as legal advice. this memorandum is considered attorney advertising in some jurisdictions. Copyright 2009.