Shareholder Sues GLG, Challenges Man Deal

May 25 2010 | 12:04pm ET

A GLG Partners shareholder has sued the hedge fund, arguing that its deal to be acquired by the Man Group undervalues its shares.

The deal would create the world’s largest hedge fund manager, with some $63 billion in assets, at the expense of GLG’s investors, Ron Duva alleges.


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Publisher's Note

    Hedge Funds Care Gala Raises $2 Million For Charity

    Mar 10 2014 | 11:33am ET

    A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…