US - The US$7.7bn San Diego County Employees Retirement Association (SDCERA) has filed a law suit against Amaranth Advisors claiming securities fraud after the hedge fund's collapse wiped out millions of its investment.
Former Amaranth gas trader Brian Hunter was singled out for prosecution along with three officers in attempts to recover more of the losses incurred by the hedge fund. SDCERA board of trustees c...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
