Lawyers Accuse Hedge Funds of Propping Up Massive ‘Sham’

(Variety.com) Filmmakers who would like to make the submarine action thriller “Hunter Killer,” attempting to extricate their film project from bankrupt Relativity Studios, accused the company and its founder Ryan Kavanaugh of operating a massive “sham,” which hedge funds continue to prop up to avoid booking the huge losses they have suffered as Relativity investors….

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