Online investors may sue for losses
Some German retail investors in Austrian trend-following Quadriga hedge fund could qualify for compensation for losses from the fund as lawyers have suggested some might have bought certificates linked to the fund via online marketing companies that do not have the regulatory licence to sell hedge fund-linked products.
Quadriga, which denies the claims, last year caught the eye of US regulator the SEC, which requested the firm to stop labelling one of its products a hedge fund for marketing in
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