(Nasdaq) Most hedge-fund casualties of the financial crisis liquidated years ago. But investors in two funds that Dallas-based Highland Capital Management closed in October 2008 are still owed hundreds of millions of dollars as the fund liquidations stretch into their ninth year. Now investors, including a classical-music charity in Los Angeles and a Christian university in Texas, are suing Highland to recover money they allege it cheated them out of, in a pair of pending cases.
Highland Capital Investors Allege Wrongdoing in Long-Closed Hedge Funds
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