{"id":51348,"date":"2016-01-22T09:29:36","date_gmt":"2016-01-22T14:29:36","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=51348"},"modified":"2016-01-22T09:29:36","modified_gmt":"2016-01-22T14:29:36","slug":"hedge-fund-case-against-auditors-tossed","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2016\/hedge-fund-case-against-auditors-tossed.html","title":{"rendered":"Hedge Fund Case Against Auditors Tossed"},"content":{"rendered":"<p>\n(Reuters) A New York state judge has thrown out a lawsuit brought by two hedge funds against their accountants for failing to detect a financial fraud, finding the funds&#8217; claims were caused by their own misconduct.FIA Leveraged Fund Ltd and Fletcher Income Arbitrage Fund Ltd sued auditors Grant Thornton and EisnerAmper in April, seeking to recover $47 million in damages caused by the funds&#8217; manager Alphonse Fletcher Jr and his asset management firm.<\/p>\n<p><a href=\"http:\/\/www.reuters.com\/article\/hedgefund-fraud-case-idUSL2N1552X8\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) A New York state judge has thrown out a lawsuit brought by two hedge funds against their accountants for failing to detect a financial fraud, finding the funds&#8217; claims were caused by their own misconduct.FIA Leveraged Fund Ltd and [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-51348","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/51348","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\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=51348"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/51348\/revisions"}],"predecessor-version":[{"id":51349,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/51348\/revisions\/51349"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=51348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=51348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=51348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}