OregonLive – More than two dozen plaintiffs filed suit Tuesday against the managers of two Portland hedge fund companies and their accountants, alleging they ran a Bernie Madoff-like Ponzi scheme that defrauded investors of at least $5 million.
The lawsuit, filed in Multnomah County Circuit Court, accuses former business partners Yusaf Jawed and Lyman J. Bruhn of violating state securities laws while running a variety of hedge funds under the names Sasquatch Capital and Grifphon Asset Management.
