{"id":11792,"date":"2009-09-10T05:46:10","date_gmt":"2009-09-10T09:46:10","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=11792"},"modified":"2009-09-10T05:46:10","modified_gmt":"2009-09-10T09:46:10","slug":"judge-bank-of-america-must-defend-lancer-hedge-funds-suit","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2009\/judge-bank-of-america-must-defend-lancer-hedge-funds-suit.html","title":{"rendered":"Judge: Bank Of America Must Defend Lancer Hedge Funds Suit"},"content":{"rendered":"<p>Nasdaq &#8211; Bank of America Corp.&#8217;s (BAC) securities unit must defend an investor lawsuit over whether it aided and abetted Lancer Management Group LLC in deceiving investors about the value of two British Virgin Islands <a href=\"http:\/\/www.hedgeco.net\/\">hedge funds<\/a>&#8216; holdings.<\/p>\n<p>In an order dated Thursday, U.S. District Judge Shira Scheindlin in Manhattan denied the Charlotte, N.C., bank&#8217;s  \t\t\t\t<span id=\"quote728891016\" class=\"quotepeekbase bgQuote up\"><\/span>motion for summary judgment in a case brought by investors in hedge funds Lancer Offshore Inc. and OmniFund Ltd.<\/p>\n<p><strong><a title=\"Read Complete Article\" href=\"http:\/\/www.marketwatch.com\/story\/judge-b-of-a-must-defend-lancer-fund-suit-2009-09-09\" target=\"_blank\">Read Complete Article<br \/>\n<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nasdaq &#8211; Bank of America Corp.&#8217;s (BAC) securities unit must defend an investor lawsuit over whether it aided and abetted Lancer Management Group LLC in deceiving investors about the value of two British Virgin Islands hedge funds&#8216; holdings. In an [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[5818,7217,15806],"class_list":["post-11792","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-bank-of-america","tag-british-virgin-islands","tag-offshore-inc"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11792","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=11792"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11792\/revisions"}],"predecessor-version":[{"id":11802,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11792\/revisions\/11802"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=11792"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=11792"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=11792"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}