{"id":25630,"date":"2011-10-25T09:23:37","date_gmt":"2011-10-25T13:23:37","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=25630"},"modified":"2011-10-25T09:23:37","modified_gmt":"2011-10-25T13:23:37","slug":"lawsuit-against-hedge-fund-adviser-highland-dismissed","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2011\/lawsuit-against-hedge-fund-adviser-highland-dismissed.html","title":{"rendered":"Lawsuit Against Hedge Fund Adviser Highland Dismissed"},"content":{"rendered":"<p>New York (HedgeCo.net) &#8211; \u00a0The lawsuit from the Houston Municipal Employees Pension System against\u00a0Dallas-based hedge fund adviser, \u00a0Highland Capital Management, L.P., has been dismissed.<\/p>\n<p>No compensation in any form has passed directly or indirectly from any of the defendants to the plaintiff or the plaintiff&#8217;s attorneys in connection with the dismissal of this lawsuit, and no promise to give any such compensation has been made<\/p>\n<p>In a past statement, \u00a0Highland\u00a0stated that the lawsuit was meritless and would be dismissed. The firm also stated that this action was an attempt to create financial leverage for one party&#8217;s benefit at the expense of all other investors in the Highland Crusader Fund and to derail an investor-led mediation process. That effort failed, as the investor-led process produced a plan of distribution which was approved by approximately 86% of investors.<\/p>\n<p>Highland Capital is headquartered in Dallas, Texas and maintains offices in New York, London, Singapore, and Seoul.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.net) &#8211; \u00a0The lawsuit from the Houston Municipal Employees Pension System against\u00a0Dallas-based hedge fund adviser, \u00a0Highland Capital Management, L.P., has been dismissed. No compensation in any form has passed directly or indirectly from any of the defendants to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-25630","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/25630","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=25630"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/25630\/revisions"}],"predecessor-version":[{"id":35783,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/25630\/revisions\/35783"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=25630"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=25630"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=25630"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}