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Visium GC Rips Lax Compliance At Outset Of Fund Fraud Trial

By Pete Brush (January 11, 2017, 7:31 PM EST) -- Visium Asset Management LP general counsel David Keily told a Manhattan federal jury Wednesday that hedge fund brass made little or no effort to comply with guidelines for properly valuing debt securities during the years in which prosecutors say former portfolio manager Stefan Lumiere schemed to overvalue a $480 million debt fund....

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