{"id":23374,"date":"2011-07-07T07:24:53","date_gmt":"2011-07-07T11:24:53","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=23374"},"modified":"2011-07-07T07:24:53","modified_gmt":"2011-07-07T11:24:53","slug":"merrill-ordered-to-pay-hedge-fund-firm-64-mln","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2011\/merrill-ordered-to-pay-hedge-fund-firm-64-mln.html","title":{"rendered":"Merrill ordered to pay hedge fund firm $64 mln"},"content":{"rendered":"<p>Reuters &#8211; An arbitration panel ordered a Merrill Lynch clearing unit to pay $63.7 million in damages to California hedge fund manager Rosen Capital Partners LP as compensation for losses during the 2008 financial crisis.<\/p>\n<p>The panel found Merrill Lynch&#8217;s Professional Clearing Corp unit liable for about $63.7 million in compensatory damages plus 9 percent interest accruing from Oct. 7, 2008. It is one of the largest-ever awards granted by FINRA arbitrators.<\/p>\n<p><a href=\"http:\/\/www.reuters.com\/article\/2011\/07\/06\/merrilllynch-idUSL3E7I62L920110706\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; An arbitration panel ordered a Merrill Lynch clearing unit to pay $63.7 million in damages to California hedge fund manager Rosen Capital Partners LP as compensation for losses during the 2008 financial crisis. The panel found Merrill Lynch&#8217;s [&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":[],"class_list":["post-23374","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/23374","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=23374"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/23374\/revisions"}],"predecessor-version":[{"id":23375,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/23374\/revisions\/23375"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=23374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=23374"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=23374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}