Hedge Fund News From HedgeCo.Net

Greenwich man withdraws lawsuit against JPMorgan

Greenwich Time – A Greenwich man who sued JPMorgan Chase & Co., claiming he was singled out for blowing the whistle on alleged deceptive investment and management tactics, has withdrawn his lawsuit, according to court records.

The lawsuit, filed in July 2010 by Kevin Dillon, alleged that supervisors at the financial giant attempted to force Dillon out of his job after he discovered “highly questionable accounting and management practices” of Highland Capital Management LP, a Texas-based hedge fund that receives support services from JPMorgan.

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