The hedge fund industry: An increasingly litigious environment

litigation

Inherently secretive in nature and heavily dependent on the maintenance of a strong reputation for their survival, hedge funds have historically been relative strangers to the process of litigation. A number of recent actions brought by and against hedge funds in the US suggests that the position is changing. This article examines the confluence of factors that has given rise to the heightened risk profile of those that work within the industry and some of the consequences that flow from it.

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