This is the property of the Daily Journal Corporation and fully protected by copyright. It is made available only to Daily Journal subscribers for personal or collaborative purposes and may not be distributed, reproduced, modified, stored or transferred without written permission. Please click "Reprint" to order presentation-ready copies to distribute to clients or use in commercial marketing materials or for permission to post on a website. and copyright (showing year of publication) at the bottom.
Subscribe to the Daily Journal for access to Daily Appellate Reports, Verdicts, Judicial Profiles and more...

Litigation

May 16, 2013

Hedge fund seeks to connect Venable and former firm partner to alleged fraud

A hedge fund's attempt to connect Venable LLP and a former firm partner to an allegedly fraudulent transaction involving Facebook Inc.'s initial stock offering will be put to the test next week.


By Henry Meier


Daily Journal Staff Writer


LOS ANGELES - A hedge fund's attempt to connect Venable LLP and a former firm partner to an allegedly fraudulent transaction involving Facebook Inc.'s initial stock offering will be put to the test next week as the fund tries to ward off the firm's motion to dismiss the case.


ESG Capital Partners LP, a Portland, Ore.-based investment firm, has until Monday to respond to Venable's reque...

To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!

Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)

Already a subscriber?

Enewsletter Sign-up