Investment Cos. Reach Discovery Deal In $150M Fraud Suit

Law360, New York (January 29, 2014, 7:25 PM EST) -- Eden Rock Capital Management LLP and Capstone Capital Management Inc. on Wednesday resolved a discovery dispute in Eden Rock's case accusing Capstone of fraud and breach of contract for allegedly diverting $150 million in investments to unauthorized real estate ventures that later failed.

As part of the order signed by both parties Wednesday, the defendants will withdraw a motion to dismiss, preclude and/or compel discovery, while the plaintiffs agreed to give up financial documents for the years 2007 and 2008, including balance sheets and income statements...
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