Ritchie Funds Sued by Barclays Over Hidden Petters Group Stake
on Thursday, November 20th, 2008 at 12:00 am
Bloomberg - Ritchie Capital Management and Thane Ritchie, the hedge fund manager’s principal, were sued by Barclays Bank Plc over accusations they concealed more than $150 million in investments made in the collapsed Petters Group Worldwide LLC and affiliates.
Now bankrupt, Petters Group, based in Minnetonka, Minnesota, was raided in September by FBI agents acting on […]

