AJC – Investors are suing an Atlanta hedge fund manager for alleged fraud and unspecified damages because they claim he diverted money to his own use and doctored financial statements.
Robert L. Duncan, managing partner and founding member of Seaside Asset Management, spent clients’ money on himself or transferred it to accounts he controlled or other non-Seaside accounts, according to the 14-page suit, filed last month in Fulton County Superior Court.
