Jury To Hear Huffington Claims Over Doomed Carlyle Fund

Law360, New York (April 30, 2012, 4:54 PM EDT) -- A Delaware jury will determine whether The Carlyle Group LP and one its founders misled former Rep. Michael Huffington, R-Calif., when they convinced him to sink $20 million in a highly leveraged and ill-fated investment fund, a judge ruled April 18.

Huffington, the ex-husband of Huffington Post co-founder Arianna Huffington, managed to build a plausible case for an unfair trade practices claim against Carlyle and it co-founder David Rubenstein, at least when evaluated based on the standard set for summary judgment, Judge Jan R. Jurden of...
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