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May 10, 2012

District Court Decision Addresses Privity of Contract and Statute of Limitations Issues under the Investment Advisers Act

  • Alisa Greenstein
    Hedge Fund Law Report
A recent District Court decision clarified the circumstances under which private investor lawsuits against investment advisers will be barred by statutes of limitations, statutes of repose and privity of contract considerations.  Such defenses may be relevant to hedge fund managers faced with legal claims by investors.

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