Another Lawsuit Targets Valhalla Investment Partners
Tuesday, August 25, 2009 : PermalinkHerald Tribune – Two investors who lost $750,000 in the implosion of Scoop Management have filed a lawsuit against investment managers Neil and Chris Moody, who ran the Valhalla Investment Partners L.P. hedge fund.
Bruce M. Bell and Richard G. Levine, represented by Sarasota attorney Morgan Bentley, allege that the Moodys knew that the hedge funds were an investment scheme.
The latest lawsuit is along the lines of one Bentley filed on behalf of Fort Lauderdale investor Louis Paolino, who says he lost $6 million in the Moodys’ Viking Fund LLC.
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