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Litigation

May 24, 2012

Hedge fund wins $35 million verdict

Hedge fund Paron Capital Management LLC won a $35 million verdict in Delaware Wednesday against a former employee.

By Saul Sugarman
Daily Journal Staff Writer

Hedge fund Paron Capital Management LLC won a $35 million verdict in Delaware Wednesday against a former employee whom Paron Capital sued claiming he forged his track record as a trader. Noah Hagey, Mark Fickes and Greg Call of San Francisco-based litigation boutique BraunHagey & Borden LLP represented Paron Capital.

The company has a parallel suit in San Francisco County Superior Court against San Francisco accounting firm...

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