Hedge Fund Investors File Legal Claims Against Bear Stearns
Dec 5 2007 | 9:47am ET
Lawyers representing investors of one of the two Bear Stearns hedge funds that collapsed over the summer have filed claims with a regulatory body alleging that Bear Stearns failed to disclose conflicts of interest or how risky its trades were, and that it covered up “the true state of affairs” at both failed hedge funds before they imploded.
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