High-profile lawyer, and others, lining up stable of clients claiming hedge fund misled them
October 1, 2007
Investment Dealers Digest
Yael Bizouati
Following the collapse this summer of two Bear Stearns hedge funds – its High Grade Structured Credit Strategies Master Fund and its High Grade Structured Credit Strategies Enhanced Leverage Master – disgruntled investors, both in the US and overseas, are teaming up to bring legal action against the Wall Street firm. Several complaints are being […]
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Mediation Can Be Good Alternative To Arb
September 28, 2007
Dow Jones
NEW YORK (Dow Jones)–When investor Chuck Highbaugh had a dispute with his broker, it took the efforts of a mediator to literally bring him back to the table. When Highbaugh accused his broker of placing him in unsuitable investments, they agreed to meet at a mediator’s home in Beverly Hills. At an impasse, Highbaugh followed […]
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Aidikoff, Uhl & Bakhtiari Files Class Action Lawsuit Against Morgan Stanley – MS
September 11, 2007
Prime Newswire
BEVERLY HILLS, Calif., Sept. 11, 2007 (PRIME NEWSWIRE) — Aidikoff, Uhl & Bakhtiari filed a class action lawsuit against Morgan Stanley (NYSE:MS – News) on August 30, 2007 in the United States District Court for the Central District of California, on behalf of all persons who purchased or otherwise acquired “Snowball notes” issued by Bayerische […]
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Law Firms Band Together In Arbitration
September 11, 2007
Total Securitization
A consortium of law firms has formed to represent investors who have lost money from their investment in the collapsed Bear Stearns hedge funds. Aidikoff Uhl & Bakhtiari, Maddox Hargett & Caruso and Page Perry are representing eight investors in different parts of the arbitration process with claims totaling $60 million. “We figured it was […]
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Bear-ly Enough
August 28, 2007
New York Post
August 28, 2007 — Investors who put money into two Bear Stearns hedge funds that blew up because of bad bets on subprime mortgages still might get a chance to recover a bit of their investment. A federal judge in Manhattan yesterday temporarily blocked investors from seizing the assets of the two funds, but said […]
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