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Fund Administrator Negligent In $9M Fraud, NC Justices Told

By Hayley Fowler (February 14, 2024, 7:31 PM EST) -- A group of investors who were fleeced for nearly $9 million by a crooked hedge fund manager urged the North Carolina Supreme Court Wednesday to revive their negligence suit against the fund's administrator, arguing it blindly accepted whatever the manager said without verifying whether his investments were legitimate....

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