February 06, 2014
A class of investors who claim that Stillwater Capital Partners and Gerova Financial Group Ltd. swindled them out of $100 million agreed to settle with the defendants, according to an order signed by a New York federal judge on Wednesday.
October 07, 2011
The U.S. Judicial Panel on Multidistrict Litigation on Thursday consolidated in New York five class actions over Gerova Financial Group Ltd.'s deal for hedge fund Stillwater Capital Partners Inc.'s assets that investors say bilked them out of $100 million.
September 20, 2011
The plaintiffs in a putative breach of contract class action over Gerova Financial Group Ltd.'s purchase of hedge fund Stillwater Capital Partners Inc.'s assets on Monday dropped their sole claim against ex-Gerova Advisors LLC President Jason Galanis.
April 25, 2011
A Stillwater Capital Partners Inc. investor launched a breach of contract class action Thursday in New York claiming Stillwater sold assets to Gerova Financial Group Ltd. to avoid paying investors the more than $100 million it owed in unpaid redemptions.