Companies Mentioned

Omnifund, Ltd.

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Securities Law >
New Judicial Opinions

SEC wins $1.1B Hedge Fund Fraud Suit Against Lauer and Lancer Management
The SEC’s complaint alleged that from at least March 2000 to the present, defendants Lauer, Lancer and Lancer II, engaged in a scheme to over-inflate the performances and net asset values of relief defendants Lancer Offshore, Inc. (“Offshore”), Lancer Partners, LP (“Partners”), OmniFund, Ltd. (“OmniFund”), three hedge funds controlled by…
Date of ruling:
09/23/2008