John Thomas Investor Demands Access To Hedge Fund Files

Law360, Wilmington (July 10, 2013, 10:50 PM EDT) -- A hedge fund investor fired off a books-and-records complaint at John Thomas Capital Management Group LLC Tuesday, demanding access to internal documents in the wake of fraud charges brought against the firm's manager by the U.S. Securities and Exchange Commission.

In March, the SEC launched administrative proceedings accusing George R. Jarkesy Jr., head of the Houston-based firm, of defrauding investors in two hedge funds by inflating valuations and the books-and-records suit was filed in Delaware Chancery Court by Paul Rodney, a limited partner in one of...
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