{"id":4261,"date":"2006-04-12T00:00:00","date_gmt":"2006-04-12T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-funds-got-kleenex","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2006\/hedge-funds-got-kleenex.html","title":{"rendered":"Hedge Funds: Got Kleenex?"},"content":{"rendered":"<p>New York &#8211;<\/p>\n<p>  Get your hankies ready: Hedge funds feel they&#8217;re the newest victims.<\/p>\n<p>  A long-simmering issue may soon come to a boil, potentially putting Wall Street&#8217;s largest firms on the hook for billions more in liabilities years after the research scandal that extracted $1.4  billion in legal fines from ten of the most influential investment banks.<\/p>\n<p>  This time, prime brokers face scrutiny for the fees they charge hedge fund clients, with securities lending being a particular focus.<\/p>\n<p>  Attorneys at plaintiffs&#8217; firm Milberg, Weiss, Bershad &amp; Schulmanare investigating securities lending fees and other practices by the biggest prime brokers and are considering bringing a  class-action lawsuit on behalf of hedge funds.<\/p>\n<p>  <a href=  \"http:\/\/www.google.com\/news\/url?sa=T&amp;ct=us\/7-0&amp;fd=R&amp;url=http:\/\/www.forbes.com\/business\/2006\/04\/11\/hedge-funds-suit-prime-brokers-cx_lm_0413shorts.html&amp;cid=0&amp;ei=6PQ8RObHGI3MpwL00ZG8Dg\">  <strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York &#8211; Get your hankies ready: Hedge funds feel they&#8217;re the newest victims. A long-simmering issue may soon come to a boil, potentially putting Wall Street&#8217;s largest firms on the hook for billions more in liabilities years after the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-4261","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/4261","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=4261"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/4261\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=4261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=4261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=4261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}