Category Archives: Hedge Funds

Hedge Fund Sues Morgan Stanley Over Sino-Forest Options Deal

Posted on September 23, 2011 by Klayman & Toskes

The following story appeared on Bloomberg on September 23, 2011: Hedge fund Oasis Management LLC sued Morgan Stanley for C$9.5 million ($9.3 million) over options in Sino-Forest Corp. (TRE) bought before the Toronto-listed timber company’s stock plunged 71 percent in … Continue reading →

Posted in Hedge Funds, Lawsuit, Morgan Stanley | Leave a comment

Merrill Loses Crisis-Era Arbitration Case, to Tune of $63.7 Million

Posted on July 8, 2011 by Klayman & Toskes

The following story appeared in the Wall Street Journal on July 7, 2011: By Steve Eder and Gregory Zuckerman An arbitration panel awarded $63.7 million to a California hedge-fund firm that argued broker Merrill Lynch abruptly yanked its credit, leading … Continue reading →

Posted in Arbitration, Fraud, Hedge Funds, Margin, Merrill Lynch | Leave a comment