(Forbes) Boaz Weinstein of Saba Capital is contesting a lawsuit filed by a Canadian pension fund that alleged the hedge fund mis-marked bond positions during a $500 million redemption process, causing its investment to fall in value. Saba Capital on Thursday filed a motion dismissed to the suit – brought by the Public Sector Pension Investment Board (PSP), a fund that invests pension assets for the Canadian Royal Mounted Police – and characterized allegations as a malicious attack.
Hedge Fund Saba Capital Calls Redemption Lawsuit A Malicious Attack, Denies Impropriety
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