Hatteras Fund Investors Sue In Chancery After 95% Drop

By Leslie A. Pappas (April 19, 2024, 3:50 PM EDT) -- Stockholders in a series of funds managed by alternative investment boutique Hatteras Investment Partners LP have launched a proposed class action against the company's board in Delaware's Court of Chancery, alleging breaches of fiduciary duty in conjunction with the funds' liquidation....

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