Anne Beaumont and Nora Bojar Publish Article on Hedge Fund Service Provider Liability

The Hedge Fund Law Report has published an article by Friedman Kaplan litigation partner Anne Beaumont and litigation associate Nora Bojar discussing the recent ruling in Chanin v. Machcinski. The Appellate Division, First Department reversed a lower court’s dismissal of a hedge-fund investor’s negligent misrepresentation claim against the fund manager’s outside counsel.  In addition to addressing the Chanin case, Ms. Beaumont and Ms. Bojar discuss claims by hedge fund investors against service providers, and identify lessons for hedge fund service providers.  Please find the full text of the document at the link below.

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• Hedge Fund Service Providers Must Exercise Caution When Communicating With Investors or Face Liability