Takeaways From SEC Action Against Lincolnshire

Law360, New York (September 26, 2014, 10:24 AM EDT) -- On Sept. 22, 2014, the U.S. Securities and Exchange Commission charged private equity fund adviser Lincolnshire Management Inc. with breaching its fiduciary duty to two of its private equity funds by improperly benefiting one fund over the other by misallocating expenses....

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