2nd Circ. Nixes Alki Hedge Fund's $10M Pump-And-Dump Suit

By Jeff Overley (March 22, 2012, 6:53 PM EDT) -- Hedge fund manager Alki Partners LP failed to state a claim when accusing Credit Suisse Group AG and various investors of duping it into stock purchases that led to $10 million in losses, the Second Circuit ruled Wednesday....

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