Crooked Fund CEO Demoted Me, Finance Pro Tells Jury

Law360, New York (June 13, 2019, 4:37 PM EDT) -- A career finance pro told Manhattan jurors Thursday that the CEO of Premium Point Investments became angry and demoted him when he complained about what he called rampant overvaluing of mortgage-debt assets at the now-bankrupt hedge fund.

Jim Nimberg pointed the finger at Anilesh "Neil" Ahuja while testifying under an immunity agreement at a criminal trial before Manhattan U.S. District Judge Katherine Polk Failla that began June 5 and is expected to last at least a month.

Ahuja, along with former Premium Point trader Jeremy Shor, is on trial for allegedly marking up the fund's real estate debt products from 2014...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!




Case Information

Case Title

Subscribers Only

Case Number

Subscribers Only


New York Southern

Nature of Suit

Date Filed

May 7, 2018

Law Firms


Government Agencies

Judge Analytics