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Investors in Hedge Funds that Held Securities Litigation Uniform Standards Act Securities Foil Preemption Challenge

February 22, 2010 in Securities Regulation & Law Report · Leave a Comment 

The 1998 Securities Litigation Uniform Standards Act does not preclude investors’ securities fraud claims against the administrators of hedge funds whose portfolios include covered securities, the U.S. District Court for the Southern District of New…

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