Defunct Carlyle Fund Pushes To Toss Shareholder Suit

By Erica Teichert (May 23, 2012, 7:07 PM EDT) -- Defunct mortgage-backed fund Carlyle Capital Corp. asked a Washington federal judge on Wednesday to toss a consolidated shareholder class action, saying it never hid its poor financial condition and claiming the investors missed their chance to sue the fund and its directors years ago....

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