Touradji Rejects Amaranth Claim, Says It Acted ‘Professionally’
Wednesday, September 23, 2009 : PermalinkBloomberg – Touradji Capital Management LP said it acted “professionally and appropriately” in all transactions with Amaranth Advisors LLC, which is suing for at least $350 million over claims that include breach of contract and misappropriation of trade secrets.
“We will fight these scurrilous allegations vigorously,” Chief Executive Officer Gil Caffray wrote in a letter to investors dated yesterday, a copy of which was obtained by Bloomberg News. Armel Leslie, a spokesman for New York-based Touradji Capital, declined to comment today.
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amaranth advisors, breach of contract, chief executive officer, investor, misappropriation
