NYC Comptroller To Probe Quadrangle-Morris Link

Law360, New York (April 21, 2009, 12:00 AM EDT) -- New York City's comptroller has launched an investigation into whether the private equity firm Quadrangle Group LLC intentionally deceived a city pension fund about the identities of placement agents the firm used, which may have included indicted political adviser Hank Morris.

Quadrangle told five city pension funds that Morris and his firm, Searle & Co., were not involved in any way as placement agents in connection with the funds' investments in Quadrangle, Jeff Simmons, a spokesman for Comptroller William C. Thompson Jr., said in a statement...
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