October 1, 2007
Investment Dealers Digest
Yael Bizouati
Following the collapse this summer of two Bear Stearns hedge funds – its High Grade Structured Credit Strategies Master Fund and its High Grade Structured Credit Strategies Enhanced Leverage Master – disgruntled investors, both in the US and overseas, are teaming up to bring legal action against the Wall Street firm. Several complaints are being […]
September 28, 2007
Dow Jones
NEW YORK (Dow Jones)–When investor Chuck Highbaugh had a dispute with his broker, it took the efforts of a mediator to literally bring him back to the table. When Highbaugh accused his broker of placing him in unsuitable investments, they agreed to meet at a mediator’s home in Beverly Hills. At an impasse, Highbaugh followed […]
September 11, 2007
Total Securitization
A consortium of law firms has formed to represent investors who have lost money from their investment in the collapsed Bear Stearns hedge funds. “We figured it was better [to band] together because there’s a lot of work to be done,” said Steve Caruso, partner. The firms are targeting Bear Stearns Securities rather from the […]
August 28, 2007
New York Post
August 28, 2007 — Investors who put money into two Bear Stearns hedge funds that blew up because of bad bets on subprime mortgages still might get a chance to recover a bit of their investment. A federal judge in Manhattan yesterday temporarily blocked investors from seizing the assets of the two funds, but said […]
August 16, 2007
Business Wire
NEW YORK–(BUSINESS WIRE)–Four plaintiffs securities litigation law firms have joined together to represent institutional and retail customers of Bear Stearns and purchasers of Bear Stearns Companies, Inc.’s (NYSE – BSC) sub-prime mortgage hedge funds which have recently collapsed. The funds are the Bear Stearns High Grade Structured Credit Strategies Master Fund and the High Grade […]