February 15, 2012
Tetragon Financial Group Ltd. officers and directors won dismissal Wednesday of a shareholder derivative suit in New York federal court accusing them of siphoning $205 million from the investment fund through exorbitant performance fees.
October 17, 2011
A lawyer for Tetragon Financial Management LP argued Monday that a suit accusing the fund management company's directors of defrauding investors of $205 million by rigging fees should be tossed because the shareholder behind it had no standing to sue.