Securities,
Civil Litigation
Nov. 8, 2019
$30 million securities case trial bound after summary judgment rejection
Hedge funds associated with Rimrock Capital are suing two Jefferies financial entities over a failed investment
An international dispute over $30 million in failed investments is trial bound after an Orange County superior court judge ruled triable issues exist regarding California's role in the ill-fated hedge fund transactions.
Judge William D. Claster's order denying summary judgment in the securities case against Jefferies International Ltd. rejected jurisdictional argument...
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