{"id":35780,"date":"2013-05-28T08:38:39","date_gmt":"2013-05-28T12:38:39","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=35780"},"modified":"2013-05-28T09:07:01","modified_gmt":"2013-05-28T13:07:01","slug":"hedge-fund-manager-wins-investor-lawsuit","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2013\/hedge-fund-manager-wins-investor-lawsuit.html","title":{"rendered":"Hedge Fund Manager Highland Wins Investor Lawsuit"},"content":{"rendered":"<p><a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2011\/02\/Hedge-Funds-in-Texas.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-20700\" alt=\"Hedge-Funds-in-Texas\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2011\/02\/Hedge-Funds-in-Texas.jpg\" width=\"200\" height=\"150\" \/><\/a>New York (HedgeCo.Net) &#8211; Dallas-based hedge fund manager Highland Capital Management LP won a court ruling against some of it&#8217;s investors who believed they were misled regarding the health of two of it&#8217;s hedge funds.<\/p>\n<p>Investors alleged that as a result of Highland&#8217;s misleading representations, their nearly\u00a0$50 million\u00a0total position will be worth a fraction of this amount once the funds&#8217; assets are liquidated.<\/p>\n<p>Last week a Dallas judge dismissed the charges, saying:\u00a0\u201cHaving reviewed the evidence submitted by the parties and after conducting a hearing on the matter, the court is of the opinion that defendants\u2019 motion should be granted.\u201d<\/p>\n<p>In October 2011 a lawsuit from the Houston Municipal Employees Pension System against Highland was also dismissed.<\/p>\n<p>Highland Capital is headquartered in Dallas, Texas and maintains offices in New York, London, Singapore, and Seoul.<\/p>\n<p>Alex Akesson<br \/>\nEditor for\u00a0<a title=\"hedge funds\" href=\"http:\/\/www.hedgeco.net\/\">HedgeCo.net<\/a><br \/>\n<a href=\"mailto:alex@hedgeco.net\">alex@hedgeco.net<\/a><br \/>\n<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\/\">HedgeCo.Net<\/a>\u00a0is a premier\u00a0<a title=\"hedge fund database\" href=\"http:\/\/www.hedgeco.net\/\">hedge fund database<\/a>\u00a0and community for qualified and accredited investors only. Membership in\u00a0<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\/\">HedgeCo.net<\/a>\u00a0is FREE and EASY. We also offer FREE LISTINGS for\u00a0<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\/\">Hedge Funds<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.Net) &#8211; Dallas-based hedge fund manager Highland Capital Management LP won a court ruling against some of it&#8217;s investors who believed they were misled regarding the health of two of it&#8217;s hedge funds. Investors alleged that as a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12,16034,3],"tags":[],"class_list":["post-35780","post","type-post","status-publish","format-standard","hentry","category-hedge-fund-regulation","category-hedge-fund-rulings","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/35780","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=35780"}],"version-history":[{"count":4,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/35780\/revisions"}],"predecessor-version":[{"id":35792,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/35780\/revisions\/35792"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=35780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=35780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=35780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}