Hedge Fund Receives Subpoenas From State and Federal Regulators

<body.content> <block> <p>NEW YORK, Oct. 16 /PRNewswire/ — Veras Investment Partners, LLC, a Texas-based hedge fund, has received subpoenas from the New York Attorney General andthe U.S. Securities and Exchange Commission in connection with an ongoing investigation into trading in mutual fund securities. Veras is cooperating fully with the Attorney General and the SEC. Verasis represented by the New York office of Akin Gump Strauss Hauer &amp; Feld LLP. </p> <datasource>Akin Gump Strauss Hauer &amp; Feld LLP; Veras Investment Partners,LLC</datasource> </block> <block class=”contact”> <p>CONTACT: Andrew Schiff of MacMillan Communications, +1-212-473-4442</p> </block> </body.content>