November 07, 2018
The liquidating trustee for F-Squared Investment Management LLC is asking the Delaware bankruptcy court to approve a settlement with the financial technology company he says licensed F-Squared the untested trading algorithm that sent it into bankruptcy.
July 06, 2017
The liquidating trustee of investment management firm F-Squared Investment Management LLC filed a complaint Thursday in Delaware bankruptcy court claiming a former CEO was negligent when contracting with a third party for a trading algorithm, seeking damages and the return of more than $30 million in fees and compensation.
January 26, 2016
A proposed class of suing investors asserting roughly $1.5 billion in claims against the F-Squared Investments Inc. estate dug in Tuesday in Delaware bankruptcy court, resisting the debtor's push to have the debt disallowed even though the bankruptcy case only has about $5 million to distribute to creditors at the moment.
January 14, 2016
A Delaware bankruptcy judge gave the F-Squared Investments Inc. estate the go-ahead Thursday for its Chapter 11 plan, but the debtor remains primed to push the court to disallow roughly $2 billion in unsecured claims from a group of investors suing over its top financial product.
October 29, 2015
The F-Squared Investments Inc. estate unveiled a proposed Chapter 11 plan Wednesday that aims to divvy up the roughly $1 million realized from its bankruptcy sale to try to satisfy, in some amount, the more than $2 billion in claims lodged against it since seeking court protection.
October 26, 2015
F-Squared Investments Inc. on Friday urged a Delaware bankruptcy judge to terminate a severance pact with the company's former CEO, Howard Present, who is accused by federal regulators of misleading investors on the performance of F-Squared's flagship investment product.
September 30, 2015
A Delaware bankruptcy judge refused Compass Capital Management (US) LLC's bid to open an investigation into the F-Squared Investments Inc. case over intellectual property the debtor allegedly used without authorization or compensation, ruling Wednesday that the probe would be inappropriate right now.
July 28, 2015
A Delaware bankruptcy judge on Tuesday signed off on bidding procedures for F-Squared Investments Inc.'s planned going-concern sale, installing a Cedar Capital affiliate as the stalking horse bidder ahead of a mid-August auction.