{"id":24888,"date":"2011-09-23T07:37:43","date_gmt":"2011-09-23T11:37:43","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=24888"},"modified":"2011-09-23T07:37:43","modified_gmt":"2011-09-23T11:37:43","slug":"hedge-fund-sues-morgan-stanley-over-sino-forest-options-deal","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2011\/hedge-fund-sues-morgan-stanley-over-sino-forest-options-deal.html","title":{"rendered":"Hedge Fund Sues Morgan Stanley Over Sino-Forest Options Deal"},"content":{"rendered":"<p>Bloomberg &#8211; Hedge fund Oasis Management LLC sued Morgan Stanley for C$9.5 million ($9.3 million) over options in\u00a0Sino-Forest Corp.\u00a0\u00a0bought before the Toronto-listed timber company\u2019s stock plunged 71 percent in two days in June.<\/p>\n<p>Morgan Stanley failed to settle the options contracts in an effort to \u201climit its liability,\u201d Oasis said in a lawsuit filed in London in July. Hong Kong-based Oasis bought options to sell Sino-Forest at C$19 on May 12, three weeks before shares fell to C$5.22 on allegations it had overstated forestry holdings.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/2011-09-23\/hedge-fund-sues-morgan-stanley-over-sino-forest-options-deal.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Hedge fund Oasis Management LLC sued Morgan Stanley for C$9.5 million ($9.3 million) over options in\u00a0Sino-Forest Corp.\u00a0\u00a0bought before the Toronto-listed timber company\u2019s stock plunged 71 percent in two days in June. Morgan Stanley failed to settle the options [&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-24888","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/24888","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=24888"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/24888\/revisions"}],"predecessor-version":[{"id":24890,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/24888\/revisions\/24890"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=24888"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=24888"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=24888"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}