Showing posts with label Norwegian stocks. Show all posts
Showing posts with label Norwegian stocks. Show all posts

Thursday, July 25, 2013

Hedge-Fund Founder Loses Suit Over $6 Million Gift to Partner

One of the founders of Gradient Capital Partners LLP lost a lawsuit seeking to recover a “gift” of about 3.9 million pounds ($6 million) paid to his former partner at the London hedge fund as losses mounted amid the financial crisis.