Dow Jones -The father of a Connecticut hedge fund manager who pleaded guilty in March to running a Ponzi scheme involving hundreds of millions of dollars is battling a court-appointed receiver for control of a nuclear power firm that wound up as part of the fund’s estate.
Ramon Illarramendi, who is not a part of the Ponzi case, is asking for more time before the receiver allows the sale of NuScale Power Inc., a Corvallis, Ore.-based company that is developing small modular light water reactors, an emerging technology. He wants to make his own bid.
